Mobilink Bank and BMA Capital Management Forge Distribution Agreement to Boost Mutual Growth.
Islamabad -- Mobilink Bank and BMA Capital Management Limited, a prominent financial group in Pakistan, have officially entered into a Distribution Agreement. This strategic collaboration positions BMA Capital Management as a 'Brand Ambassador Organization' for Mobilink Bank, aiming to diversify revenue channels and optimize profit margins for both entities. Mobilink Bank's primary goal through this partnership is to augment customer experiences and foster sustainable business development.
According to a news release by Mobilink Bank, this move is aligned with the bank's association with the VEON group, an international digital operator offering converged connectivity and online services in seven nations. VEON's overarching strategy focuses on reshaping lives by catalyzing digital inclusion opportunities and instigating economic growth across regions encompassing over 8% of the global populace.
The agreement between Mobilink Bank and BMA Capital was officiated in Karachi, underpinning a mutual drive for growth and prosperity. As part of this alliance, BMA Capital Management will securely park funds within Mobilink Bank's premises. This arrangement extends various benefits, fortifying BMA Capital's financial well-being and service efficiency. From Mobilink Bank's perspective, the partnership underscores its dedication to cultivating cross-industry synergies, emphasizing mutual growth and the pledge to offer customers premium services.
Ghazanfar Azzam, President and CEO of Mobilink Bank, shared, "Joining forces with BMA Capital embodies a critical juncture in our persistent pursuit of transformative industry affiliations." He further...
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