Askari main­tains 99.7pc cash up­time for ATM net­work

Pakistan Observer - - ECONOMY WATCH - FI­NANCE RE­PORTER

ISLAMABAD—Askari Bank strongly be­lieves that tech­nol­ogy driven prod­ucts are the fu­ture of the bank­ing in­dus­try. As such, the bank has ag­gres­sively pur­sued the ex­pan­sion of its ATM net­work by adding 205 ATM in last two and a half years, bring­ing its to­tal to 493 ATMs coun­try­wide-an in­crease of 71 per cent. Fur­ther, ATM tech­nol­ogy plat­form has also been up­graded to en­sure max­i­mum up-time.

The bank has man­aged to main­tain 95.3 per cent up­time with 99.7 per cent cash up­time for its ATM net­work in 2016. Askari Bank ‘s ATM net­work mon­i­tor­ing sys­tem is multi-layer whereby when­ever any ATM is low at cash an auto gen­er­ated SMS is gen­er­ated for re­plen­ish­ment. Sim­i­larly SMS are gen­er­ated for alert and res­o­lu­tion of any tech­ni­cal is­sue.

In the sec­ond layer ATM per­for­mance is mon­i­tored 24/7 from a cen­tral­ized lo­ca­tion by teams of ex­pe­ri­enced pro­fes­sion­als sup­ported by tech­nol­ogy ven­dors to en­sure that is­sues are re­solved within the min­i­mum pos­si­ble time and round the clock ac­ces­si­bil­ity of ATM ser­vice is en­sured for our val­ued cus­tomers.

GWADAR: Pak­istan navy sol­diers stand guard at Gwar­dar Port. Gwadar Port is a warm-wa­ter, deep-sea port sit­u­ated on the Ara­bian Sea in Balochis­tan prov­ince of Pak­istan. China and Pak­istan agreed to build China-Pak­istan Eco­nomic Corridor a ma­jor and pi­lot project un­der the Belt and Road Ini­tia­tive, to con­nect the Pak­istani Gwadar Port with Kash­gar city in China’s Xin­jiang Uygur Au­ton­o­mous Re­gion.

PESHAWAR: Chief Min­is­ter Khy­ber Pakhtunkhwa Pervez Khat­tak pre­sid­ing over a meet­ing spe­cial ini­tia­tive and fast track ex­e­cu­tion of eco­nomic zone devel­op­ment and es­tab­lish­ment of in­vest­ment, in­sur­ance and hold­ing com­pany at CM Sec­re­tar­iat.

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