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Meezan Bank Limited has joined hands with Port Services Limited (PSL), Sialkot as exclusive partner for the payments and cash management services. The agreement was signed by Abdullah Ahmed Group Head Corporate & Institutional Banking Meezan Bank and Navid Iqbal Sheikh Director, Port Services Limited (Chairman SDPT) along with key members of their teams.
Under this agreement, the Bank will provide payments & cash management services to Port Services Limited through its state-of-the-art web based electronic solution "eBiz+". With the largest Islamic banking network of 660 online branches in the country, the Bank's Cash Management suite will help increase efficiency, optimize cash flow position and manage operational complexities to streamline the company's receivables and payables. While speaking at the occasion, Abdullah Ahmed said that this agreement between Port Services Limited, Sialkot and Meezan Bank is a testimony of the Bank's expertise in the field of payment and cash management services.

Copyright Business Recorder, 2019

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