Mobilink Bank, BMA Capital Management enter into distribution agreement.

ISLAMABAD -- Mobilink Bank has signed a strategic partnership with BMA Capital Management Limited, one of the oldest and top financial groups in Pakistan.

Mobilink Bank aims to enhance customer journeys through this partnership and help enable sustainable business growth said a news release.

Mobilink Bank is part of the VEON group, a global digital operator that provides converged connectivity and online services across seven countries.

As part of its digital operator strategy, VEON is transforming people's lives by creating opportunities for increased digital inclusion and by driving economic growth across countries that are home to more than 8% of the world's population.

Mobilink Bank and BMA Capital signed the agreement in Karachi to formalize the mutually beneficial partnership.

Under this partnership, BMA Capital Management will securely deposit funds within Mobilink Bank, offering multiple incentives to enhance their financial health and service capacity.

For Mobilink Bank, this partnership embodies a commitment to fostering industry-wide synergies to promote mutual growth and ensure the delivery of high-quality services to customers.

"This strategic alliance with BMA Capital marks a pivotal moment in our resolute commitment to forging transformative industry partnerships," said Ghazanfar Azzam, President and CEO Mobilink Bank. "

This collaboration is set to foster Mobilink Bank's financial robustness, equipping us to spearhead financial inclusion, bolster MSMEs, and champion the cause of digital and financial literacy, steering our nation towards sustainable economic prosperity," he added.

Chairman and CEO of BMA Capital...