BankIslami Extends Strategic Alliance on Auto Financing with Premier Systems

BankIslami Pakistan Limited, one of the leading Islamic banks of Pakistan, has extended its agreement for the year 2018, with Premier System (Pvt) Ltd. (Audi Pakistan) Pakistan’s No. 1 luxury premium automobile brand. With the successful completion of two years of Alliance, both BankIslami and Audi Pakistan have reaffirmed to mutually serve the Automobile Industry of Pakistan and offer customized financing packages to Audi customers across the country through the flagship product of Islami Auto Finance.

Mr. Bilal Fiaz – Head of Consumer Banking, BankIslami and Mr. Muhammad Yasin Khan – Chief Financial Officer (CFO)- Premier Systems (Pvt) Ltd. (Audi Pakistan), laid the cornerstone of this partnership by signing the agreement in a meeting held in Karachi.

Speaking on the occasion, Mr. Bilal Fiaz said,

“With the success of our initial agreement executed in May 2016, this extension of Alliance is a milestone, not only for both the organizations but also for the customers who will greatly benefit from our uniquely structured auto financing solutions.

Mr. Muhammad Yasin Khan, added: “This initiative has created an ideal scenario for both, BankIslami and Audi Pakistan as it will enable us to offer best value proposition to our valued customers.”   

Hot this week

SBP Sets September 30 Deadline For National Conference On Pakistan Economy Papers

SBP has set September 30, 2026 as the deadline for full paper submissions to its National Conference on Pakistan Economy.

Finqalab Prepares Portfolio Analytics Feature to Simplify Investment Tracking on Trading App

Finqalab is preparing a portfolio analytics feature that will bring returns, holdings, and dividends into one view.

SablePay CEO Joins UN Digital Cooperation Day Discussion on Blockchain and Tokenization

SablePay CEO Shahzad Khan joined a UN Digital Cooperation Day session examining blockchain, tokenization, stablecoins and digital infrastructure.

Askari Bank to Host Islamic Banking Webinar With SBP on Digital Financial Inclusion

Askari Bank and SBP will host a webinar on Islamic banking, digital innovation, financial inclusion, and financial literacy.

Pak EXIM Promotes E-EFS Working Capital Financing for Exporters Through Participating Banks

Pak EXIM is promoting its E-EFS scheme to provide exporters with short-term working capital financing through participating banks.

Topics

SBP Sets September 30 Deadline For National Conference On Pakistan Economy Papers

SBP has set September 30, 2026 as the deadline for full paper submissions to its National Conference on Pakistan Economy.

Finqalab Prepares Portfolio Analytics Feature to Simplify Investment Tracking on Trading App

Finqalab is preparing a portfolio analytics feature that will bring returns, holdings, and dividends into one view.

SablePay CEO Joins UN Digital Cooperation Day Discussion on Blockchain and Tokenization

SablePay CEO Shahzad Khan joined a UN Digital Cooperation Day session examining blockchain, tokenization, stablecoins and digital infrastructure.

Askari Bank to Host Islamic Banking Webinar With SBP on Digital Financial Inclusion

Askari Bank and SBP will host a webinar on Islamic banking, digital innovation, financial inclusion, and financial literacy.

Pak EXIM Promotes E-EFS Working Capital Financing for Exporters Through Participating Banks

Pak EXIM is promoting its E-EFS scheme to provide exporters with short-term working capital financing through participating banks.

Experts Call for Stronger Data Governance as Pakistan Banking Sector Expands Digital Payments

Experts are calling for stronger data governance and private AI adoption as Pakistan’s banking sector expands digital payments.

EBANX Plans Pakistan Entry with JazzCash, Easypaisa and Raast Payment Integrations

EBANX is preparing to enter Pakistan with JazzCash, Easypaisa and Raast integrations to support cross-border digital commerce payments.

Ping Up Uses AI to Expand Retail Participation and Access to Pakistan Capital Markets

Ping Up is developing AI-driven infrastructure and a wealth platform aimed at increasing retail participation in Pakistan’s capital markets.
spot_img

Related Articles

Popular Categories