KARACHI: Bank Alfalah and The Beaconhouse Group have signed a memorandum of understanding (MoU) to facilitate personal loan financing solutions for the employees of the Beaconhouse School System.

The agreement was developed to make Bank Alfalah’s diverse range of quick and affordable financing solutions available to the Beaconhouse Group, making it easier for the Group to fulfil its technological needs. Beaconhouse employees will have access to financing solutions to purchase laptops with increased affordability in these challenging times.

The contract was signed at a ceremony at Bank Alfalah’s Consumer Finance Centre in Lahore. Chief Executive Officer (CEO) Atif Bajwa, Group Head Retail Banking Mehreen Ahmed, and Head of Consumer Finance Syed Muhammad Asif were present from the Bank. Chief Executive Officer (CEO) Kasim Kasuri, Chief Operating Officer (COO) Ali Ahmad Khan, and Director HR Tariq Khan, represented the Beaconhouse Group.

Atif Bajwa, President and CEO of Bank Alfalah commented that this association is part of a continuing relationship, which will expand to include more banking solutions in the future. “This is challenging time for the country, and banking is playing a vital role in supporting the financial needs of our customers. Bank Alfalah is keen to empower organisations to become more adaptive, and we look forward to strengthening our relationship with the Beaconhouse Group,” he added.

The CEO of Beaconhouse School System Kasim Kasuri said this alliance will benefit more than 13,500 teachers and staff members in buying laptops on low mark-up and easy instalments.

Copyright Business Recorder, 2021