KARACHI: Pakistan Telecommunication Company Limited (PTCL) and Tameer Microfinance Bank (TMB) have signed a Memorandum of Understanding (MoU) at Karachi for online connectivity of all Tameer Bank’s outlets.

Tameer, a microfinance bank, rated A-, A-2 by JCRVIS, and a pioneer of branchless banking in Pakistan joined hands with Pakistan Telecommunication Company Limited (PTCL), Pakistan’s largest national telecom solution provider to deploy state of the art network infrastructure across the country.

PTCL has become a prime technology partner of Tameer Microfinance Bank and will provide maximum benefits through its corporate products and solutions when and where required. PTCL will provide enterprise-wide network connectivity to all Tameer Microfinance Bank’s outlets.

Commenting on this auspicious occasion, Tameer Bank’s President Nadeem Hussain said: “Tameer distinguishes itself from other microfinance banks by being one of the first nation-wide private sector, non NGO transformed, commercially sustainable micro-finance institutions in Pakistan. With an aim to provide secure and low cost dedicated services to the economically active poor and in this regard we proudly announce PTCL as our prime technology partner in providing centralised connectivity at all our outlets.”

PTCL’s SEVP Business Zone South, Abdulla Yousef also enlightened during the occasion and said. “Tameer Micro-finance Bank is a valuable addition to PTCL’s portfolio of its customers. This project will serve as another milestone in PTCL’s perpetual pursuit for providing its customers with the best solutions based on the latest available technology in the market with unmatched services. It is also an opportunity for PTCL to deliver innovative, secure, and reliable solutions for one of Pakistan’s largest micro-finance banks.”-
Source: Business Recorder
Date:5/12/2010