Tameer Bank wins two awards at PBA

Pakistan Observer - - ECONOMY WATCH - STAFF REPORTER

IS­LAM­ABAD—Tameer Mi­cro­fi­nance Bank bagged the ‘Best Mi­cro­fi­nance Bank’ and the ‘Bank the Un­banked’ awards at the coun­try’s first ever Pak­istan Bank­ing Awards 2016, held in Karachi. These awards were given to banks that per­formed well and con­trib­uted sig­nif­i­cantly to­wards so­cial im­pact and fi­nan­cial in­clu­sion in Pak­istan. The first award cat­e­gory, ‘Bank the Un­banked’ rec­og­nizes Tameer Bank for the work it has done on fi­nan­cial in­clu­sion in Pak­istan. As the first mi­cro­fi­nance bank and the fi­nan­cial pow­er­house be­hind Easypaisa, Tameer Bank has brought fi­nan­cial ser­vices to mil­lions of Pak­ista­nis, with over 75,000 touch points and more than 21 mil­lion ac­tive cus­tomers. This award is par­tic­u­larly sig­nif­i­cant as it re­flects Tameer’s pen­e­tra­tion in ru­ral and low­in­come ur­ban seg­ments of the so­ci­ety, par­tic­u­larly women. Tameer Bank, through its mi­cro­fi­nance lead­er­ship and branch­less bank­ing ser­vices, is com­mit­ted to ac­cel­er­at­ing so­cio-eco­nomic de­vel­op­ment.

Tameer Bank grabbed its se­cond award ‘Best Mi­cro­fi­nance Bank’ for its ex­cep­tional per­for­mance in ex­pand­ing out­reach through pen­e­tra­tion, ef­fi­ciency and in­no­va­tions along with both strong bot­tom line and so­cial im­pact. Tameer Bank pro­vides mi­cro­fi­nance and re­lated fi­nan­cial ser­vices to the less priv­i­leged, un­banked seg­ment of the so­ci­ety with an aim to con­trib­ute to­wards poverty erad­i­ca­tion, and boasts the largest mi­cro­fi­nance port­fo­lio in Pak­istan. Speak­ing at the oc­ca­sion, whilst re­ceiv­ing the awards, Ali Riaz Chaudhry, the newly ap­pointed Pres­i­dent and CEO of Tameer Bank, said, “We are hum­bled to be rec­og­nized as a leader at the high­est level in the in­dus­try.

Our strat­egy is about trans­form­ing ‘bank­ing-for-a-few’ to ‘bank­ing-for-all’, it’s about mov­ing the long drawn out pro­cesses and ex­or­bi­tantly ex­pen­sive ac­cess to money for the un­banked, to in­stant dig­i­tal ful­fill­ment at an af­ford­able cost. We take pride in lead­ing the drive to in­no­vate within the coun­try’s fi­nan­cial ecosys­tem and this award is a tes­ta­ment of our suc­cess to date.” Tameer Bank be­lieves in keep­ing up with its mis­sion of im­prov­ing lives of peo­ple of Pak­istan by build­ing the ecosys­tem for the un­banked through in­no­va­tion, best in class tal­ent and cus­tomer care, in a sus­tain­able man­ner.

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