In collaboration with Orient Electronics Private Limited, Meezan Bank has decided to update transaction banking services for Orient. Meezan Bank will facilitate Orient Electronics to fully automate its dealer collections and business payments.
With the advanced Transaction Banking services, companies’ regulatory financial functionalities will work differently through the collaboration of other businesses.
Group Head, Corporate & Institutional Banking Meezan Bank Muhammad Abdullah Ahmed and Managing Director Orient Electronics Mian Talat Mahmood Fazal signed the collaboration agreement. Head of Transaction Banking Meezan Bank M Saqib Ashraf and Executive Director Orient Group and Mian Ahmad Fazal also attended the meeting.
Speaking on the occasion, Muhammad Abdullah Ahmed said, “Meezan Bank takes pride in the confidence demonstrated by Orient in Meezan Bank’s Transaction Banking services and technology. Our eBiz+ transaction banking system enables customers to automate their transactions while ensuring operational integrity resulting in business efficiency with utmost security.”
Furthermore, Muhammad Abdullah Ahmed acknowledged the bank’s efforts for the successful launch of Transaction Banking services.