An agreement was signed between United Bank Limited and Qarshi Industries (Pvt) Limited at a ceremony held at the UBL Corporate Centre. Hassan Raza, GE Corporate, represented the Bank and Iqbal Ahmed Qarshi, CEO Qarshi Industries, signed on behalf of his company.
Under the agreement, UBL will extend the bank's Cash Management facilities to Qarshi Industries with specific initiatives planned for the near future. Taking initiatives to effectively facilitate market players in emerging and expanding industries is part of UBL's Corporate Banking Group's mission as a means of setting the highest industry standards for quality and commitment.
This facility provided by the Bank will allow Qarshi Industries to quality Cash Management Services countrywide including collections, disbursements and other technology-driven products such as e-collections, auto-debit facilities.-PR