American Express and MCB sign MoU

Muslim Commercial Bank Limited and American Express Bank Limited signed a Memorandum of Understanding (MoU) to share point of sale (POS) network of MNET, a growing point of sale network which will enable the American Express ATM /Debit Card holders to make purchases.
An announcement to this effect was made in a statement issued by MCB here on Thursday.
It said that Nadeem Karamat, Senior Country Executive of American Express Bank and Mohammad Aftab Manzoor, President Muslim Commercial Bank signed the MoU at MCB principal office Karachi.
Also present on the occasion were Ali Munir, SEVP MCB, Syed Aqdas Ahmed, Director and Head of Retail Banking AMEX Bank and other senior executives of the two organisations.