UBL, Pakistan's Best Bank 2016, entered into a strategic alliance with Pakistan State Oil (PSO) the country's largest oil marketing company allowing UBL to expand its ATM network via designated PSO fuel stations nation-wide. The agreement was signed by Wajahat Husain, president & CEO, UBL and Sheikh Imran Ul Haque, Managing Director, PSO at the PSO Head Office in Karachi. Senior executives from both organizations were also present at the occasion.
Under this agreement, UBL will deploy 75 ATMs at PSO outlets across Pakistan. The agreement promises to be a mutually beneficial partnership and one which will translate into convenience for the general public. Speaking on the occasion, Sheikh Imran ul Haque, MD & CEO, PSO highlighted the company's initiatives aimed at continuously delivering enhanced service to its customers. He said, "Customer convenience is at the core of our company's mission and philosophy. We at PSO are transcending into the domain of non-fuel activities such as this and will continue to seek out new and contemporary ways to serve our customers better."
Wajahat Husain, President & CEO UBL added "UBL has come to be acknowledged as a Progressive and Innovative bank. These two attributes of the Bank have propelled the institution in taking lead in financial inclusion and economic development of Pakistan. Our partnership with PSO will enable us to serve a larger customer base across Pakistan and ensure customer convenience at leading PSO fuel stations."-PR