U Microfinance Bank, Pathfinder Group Partner to Extend Digital Financial Services across Pakistan - Press Release issued by U Microfinance Bank Limited.

Islamabad -- January 25, 2023 (PPI-OT)

Following is the text of press release issued by U Microfinance Bank Limited (U Bank)

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U Microfinance Bank (U Bank) and Pathfinder Group have entered into a strategic collaboration to utilize organizational strengths to offer digital financial services and other banking-related services to customers. The signing ceremony took place at the Pakistan Pavilion, held on the sidelines of World Economic Forum 2023 in Davos - Switzerland, where the Memorandum of Understanding (MoU) was signed by Kabeer Naqvi, President and CEO - U Microfinance Bank and Zarrar Sehgal, Chairman - Pathfinder Group, in the presence of Ikram Sehgal, Co-Chairman - Pathfinder Group, and other senior management members from both the organizations.

Speaking at the occasion, Kabeer Naqvi, President and CEO - U Microfinance Bank, stated, "As a mission-driven bank with financial inclusion for citizens across all societal segments as our objective, we are glad to have entered into this collaboration with Pathfinder Group."

"This gives us an...