Allied Bank has signed an agreement with International Credit Information (Pvt) Ltd (ICIL) for document collection services from master card holders and address verification services from new applicants of its visa card.
Following the launch of Allied Bank Visa Credit Card soon, ICIL's 23 offices in all major cities of Pakistan will assist in providing critical support services.
Amir Ahsan, head of Consumer Assets, Allied Bank and Yasir Mufti, CEO, ICIL signed the agreement. Also present on the occasion were Riaz Hussain, head of credits and Ghulam Qadir Campwala, head of credit cards, Allied Bank.
Allied Bank is currently converting its master card into visa card. The ICIL, on behalf of Allied Bank, will be responsible for external verification services of customer addresses and collection of declaration forms.
With a network of 757 real-time online branches in over 300 cities and towns of Pakistan, Allied Bank offers a full range of retail, commercial and corporate banking services with a focus on service delivery through technology. Allied Bank is leading the industry by having the largest network of 463 ATMs in over 130 cities and towns nation-wide.
ICIL is Pakistan's premier risk management services provider and consulting group. Leading financial institutions, companies and government institutions to manage risk use ICIL services. These services are delivered by ICIL in alliance with international leaders of business services such as Dun and Bradstreet and Kingswell UK.
ICIL's globally accepted risk solutions include credit risk analysis, business continuity planning, Basel II Consultancy, risk management software, information collection and verification, background screening, business training, receivables management anti money laundering services, and IT solutions. ICIL has for the past 8 years been assisting banks in Pakistan to manage risks in consumer lending by providing them in various risk management services.-PR
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