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

Hakeem Easy Finance Partners with The Golden Crust for Ethical Workforce Financing

Hakeem Easy Finance announces a strategic partnership with The Golden Crust to provide working individuals with access to responsible and ethical financial solutions.

SECP and NayaPay Partner with Askari Bank to Simplify Corporate Account Opening

The SECP signs MoUs with Askari Bank and NayaPay to digitize corporate account opening through the eZfile system, enhancing the ease of doing business in Pakistan.

SECP and Punjab Government Launch Digital Integration for Motor Third Party Insurance

The Securities and Exchange Commission of Pakistan and Punjab Government digitize motor insurance by linking the CDC Repository with the Route Permit System.

Bitcoin Drops Toward 66000 Dollars as US Iran Conflict and Rising Oil Prices Dampen Crypto Market

Bitcoin and major altcoins face a sharp selloff after geopolitical tensions between the US and Iran drive oil prices over 106 dollars and impact ETF flows.

Meezan Bank Expands Digital Merchant Network and Raast Integration for Cashless Economy

Meezan Bank accelerates Pakistan digital payments by onboarding 50000 merchants and integrating Raast to drive financial inclusion and a documented economy.

Topics

Hakeem Easy Finance Partners with The Golden Crust for Ethical Workforce Financing

Hakeem Easy Finance announces a strategic partnership with The Golden Crust to provide working individuals with access to responsible and ethical financial solutions.

SECP and NayaPay Partner with Askari Bank to Simplify Corporate Account Opening

The SECP signs MoUs with Askari Bank and NayaPay to digitize corporate account opening through the eZfile system, enhancing the ease of doing business in Pakistan.

SECP and Punjab Government Launch Digital Integration for Motor Third Party Insurance

The Securities and Exchange Commission of Pakistan and Punjab Government digitize motor insurance by linking the CDC Repository with the Route Permit System.

Bitcoin Drops Toward 66000 Dollars as US Iran Conflict and Rising Oil Prices Dampen Crypto Market

Bitcoin and major altcoins face a sharp selloff after geopolitical tensions between the US and Iran drive oil prices over 106 dollars and impact ETF flows.

Meezan Bank Expands Digital Merchant Network and Raast Integration for Cashless Economy

Meezan Bank accelerates Pakistan digital payments by onboarding 50000 merchants and integrating Raast to drive financial inclusion and a documented economy.

Lotte Chemical Pakistan Partners With Neem Paymenow for Shariah Compliant Earned Wage Access

Lotte Chemical Pakistan Limited collaborates with Neem Paymenow to launch a digital financial wellness platform providing employees with debt free access to earned wages.

BankIslami Pakistan Accelerates Digital Banking Strategy and SME Financing for 2026 Growth

BankIslami Pakistan Limited pivots toward a tech-driven future with its aik Digital App and a strategic focus on low-cost deposit growth and SME financing for 2026.

VEON and Jazz Leadership Meet PVARA Chairman to Discuss Pakistan Digital Financial Future

VEON CEO Kaan Terzioglu and Jazz CEO Aamir Ibrahim meet PVARA Chairman Bilal bin Saqib to discuss 5G infrastructure, stablecoins, and tokenisation for Pakistan.
spot_img

Related Articles

Popular Categories

spot_imgspot_img