Meezan bank, Hyundai Nishat motor promoting Hyundai commercial vehicles in Pakistan.

Meezan Bank Limited, Pakistan's largest Islamic Bank and the Best Bank in Pakistan and Hyundai Nishat Motor (Private) Limited, a project of Nishat Group recently signed a Memorandum of Understanding to jointly promote Hyundai commercial vehicles in Pakistan by providing convenient financing terms with a residual value option.

This signing ceremony was organized at the grand opening of Hyundai's Digital City Store in Karachi and was attended by Mian Hassan Mansha - CEO, Hyundai Nishat Motor (Pvt) Ltd., Mr. Min Kyu Song - President Africa and Middle East Region, Hyundai Motor Co. and Mr. Ariful Islam - Deputy CEO, Meezan Bank.

Under the agreement, Meezan Bank will provide priority vehicle financing and additional value-added services to Hyundai's commercial segment customers for Grand Starex and its upcoming locally assembled pick-up truck.

Commenting at the occasion, Mr. Ariful Islam - Deputy CEO, Meezan Bank said: "Our commitment towards 'Establishing Islamic banking as banking of first choice...' has led us to focus on the key...