Islamabad: The Federal Board of Intermediate and Secondary Education (FBISE) has announced the formalisation of a collaboration with U Microfinance Bank for the streamlined exam fee collection across the country.
It said a memorandum of understanding for the purpose was signed by its chairman Qaiser Alam and president and CEO of U Microfinance Bank Mohamed Essa Al Taheri during a special ceremony. The board said the MoU signing marked a strategic partnership between the two organisations for improving efficiency and effectiveness in the financial processes of the public sector education. "This collaboration underscores our [FBISE's] dedication to fostering innovation and providing enhanced services to benefit students and educational institutions throughout the country," it said in a statement.