U Microfinance Bank (U Bank) and IMARAT Group of Companies have entered into a strategic partnership for the provision of customized branch and branchless banking services to the IMARAT Group, including Graana and Agency21.
This collaboration aims to empower both IMARAT Group’s employees and customers through innovative financial solutions. U Bank will provide a range of tailor-made banking services, including:
- Employee Banking: Tailored services for IMARAT Group staff across various companies, featuring complimentary insurance coverage, efficient payroll disbursement, and convenient collection options via branches or digital channels.
- Financial Products: U Bank will design customized financial products catering to the specific needs of both IMARAT Group employees and its wider customer base.
- Digital Convenience: The partnership leverages U Bank’s digital network, allowing for seamless access to financial services beyond traditional branches.
This collaboration reflects U Bank’s commitment to financial inclusion and its focus on forging strong partnerships.
“We believe in empowering everyone financially,” said U Bank President & CEO Mr. Mohamed Essa Al Taheri. “This alliance with IMARAT Group reinforces our dedication to providing comprehensive financial services tailored to the unique needs of employees and customers.”
IMARAT Group Chairman Mr. Shafiq Akbar echoed this sentiment, highlighting the importance of personalized financial solutions. “Our partnership with U Bank allows us to enhance financial convenience and opportunities for our team, clients, and partners,” he stated.
By working together, U Bank and IMARAT Group aim to promote financial well-being within the community and contribute to Pakistan’s overall economic growth.
