JS Bank partners with SCO for branchless banking services in AJK, Gilgit Baltistan

Karachi: Working towards financial inclusion, JS Bank, one of the fastest growing financial institutions of Pakistan has partnered with Special Communication Organization (SCO), the leading telecom operator in Azad Jammu and Kashmir (AJ&K) and Gilgit Baltistan (GB) for provision of branchless banking services in these areas.

Catering to some 6 Million people, this collaboration will provide state-of-the-art, convenient and secure branchless banking services to individuals in far flung areas. Undertaken under the direction of the State Bank’s National Financial Inclusion Strategy, this agreement promises to cater to the needs of the unbanked population by offering them formal financial services at the click of a button.

Noman Azhar, Head of Branchless Banking and Digital Initiatives – JS Bank stated, “This partnership with SCO is another step in JS Bank’s efforts to empower the people of Pakistan through provision of innovative and efficient financial services for bolstering economic and social opportunities. We will jointly undertake all efforts to make this project and success as well as explore opportunities for future mutually beneficial business associations.”***