Speaking on the occasion Mr. Dar
said, “As Pakistan’s largest bank HBL continually strives towards providing
innovative financial solutions. This alliance ties in with our mission to
create strong value for our customers”
HBL boasts Pakistan’s largest
branch and ATM networks. The bank is on a strong growth trajectory. Last year
HBL crossed the milestone figure of PKR 1 trillion in domestic deposits
becoming Pakistan’s first bank to record this achievement.
UnionPay International has about
400 domestic and overseas associate members. It has acceptance in 135 countries;
with over 3.4 billion cards issued globally UnionPay is one of the largest payment
technology companies in the world. In November 2012, HBL joined the advisory board
of UnionPay International as a founder member. The bank views the launch of
UnionPay cards as a significant step towards growing the payment services
segment in Pakistan.
Addressing the media, Mr. Su Ning
deeply appreciated HBL’s efforts and said, “This alliance will positively
reinforce Pak-China trade relationship and facilitate Pakistan’s payment
industry immensely.”
About
Union Pay
UnionPay International, a
subsidiary of China UnionPay, is one of the fastest growing global card
associations in the world. UnionPay International focuses on international
business of UnionPay, with the purpose of further expanding UnionPay Cards’
usage globally and providing wider and more convenient bankcard services. UnionPay
operates the national inter-bank clearing and settlement system, develops the
worldwide UnionPay Card acceptance network, promotes the issuance and usage of
the UnionPay Card as well as other innovative payment solutions, so as to
provide quality, efficient and safe payment services to cardholders. The
Shanghai-headquartered UnionPay International has about 400 domestic and
overseas associate members and has global acceptance in 135 countries with over
3.4 billion UnionPay Cards issued. Additional information may be found at:
www.unionpay.com.
About
HBL
HBL - Pakistan’s largest bank has
a network of 1,500 branches across the country and presence in 25 countries.
HBL has over 6 million customer relationships. The Bank enjoys a leadership
position in Pakistan’s Retail and Corporate Banking sectors and a strong
presence in Consumer, Commercial and Investment Banking. Additional information
may be found at www.hbl.com
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