SCO, JS Bank launch branchless banking in AJK, Gilgit-Baltistan

RAWAPLINDI: The Special Communications Organisation (SCO) has launched branchless banking in Azad Jammu and Kashmir and Gilgit-Baltistan in collaboration with the JS Bank. The two institutions signed a pact in this regard at a ceremony attended by SCO Director General Major General Ali Farhan and JS Bank President and CEO Yasir Shams. The SCO brand titled S Paisa aims at providing people with latest, easy and safest branchless banking. The SCO spokesman has said S Paisa would not only facilitate lakhs of people but also play a key role in the socio-economic development of the region.