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The Bank of Punjab (BoP) enters into an agency arrangement with the UAE Exchange Centre, LLC, a leading exchange house in the Middle East based in UAE.
Now, the bank is able to extend speedy remittance services to the expatriates for affecting smooth, fast and economical remittance to their families in Pakistan, says a press release of BoP issued here on Monday. Under this new facility, the remitter himself will be able to select the BoP branch nearest to his home in Pakistan for receiving the remittance by his family to avoid unnecessary hassles.
Moreover, the Bank of Punjab (BoP) has signed MoU with Metropolitan Bank to provide platform for providing agriculture financing facilities to farmers on easy terms. Under this arrangement, BoP will cater the agriculture finance accounts on behalf of Metropolitan Bank. Meanwhile, the BoP is signing MoU with Defence Raya Golf and Country Club to provide House Finance Facility to the customers for the purchase of condominium located around scenic DHA phase-6 Golf Course.-PR

Copyright Business Recorder, 2007

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