Mobilink Bank, BMA Capital Management Enter Into Distribution Agreement

Mobilink Bank has signed a strategic partnership with BMA Capital Management Limited, one of the oldest and top financial groups in Pakistan on October 24, 2023. Mobilink Bank and BMA Capital signed the agreement in Karachi to formalize the mutually beneficial partnership. Under this partnership, BMA Capital Management will securely deposit funds within Mobilink Bank, offering multiple incentives to enhance their financial health and service capacity. For Mobilink Bank, this partnership embodies a commitment to fostering industry-wide synergies to promote mutual growth and ensure the delivery of high-quality services to customers.

“This strategic alliance with BMA Capital marks a pivotal moment in our resolute commitment to forging transformative industry partnerships,” said Ghazanfar Azzam, President and CEO Mobilink Bank. “This collaboration is set to foster Mobilink Bank’s financial robustness, equipping us to spearhead financial inclusion, bolster MSMEs, and champion the cause of digital and financial literacy, steering our nation towards sustainable economic prosperity,” he added.

Chairman & CEO of BMA Capital Management, Moazzam M. Malik expressed, “We are delighted to join hands with Mobilink Bank in this collaboration, which is a significant step forward in enhancing our business endeavors. We hope the partnership will effectively contribute to our growth and enable us to provide even greater value to our clients and stakeholders.” Also present at the event, Mian Qasim Saeed Ahmed, President BMA Investment Advisors, commented, “The partnership between BMA Capital and Mobilink Bank is a great accomplishment for both organizations, signifying a major advancement in promoting financial inclusion and improving the range of products available for our customers.” https://tinyurl.com/4pk43bu8

Source: IBP

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