Habib Bank Limited (HBL) and China Union Pay (CUP) launched on Thursday the UnionPay debit cards among 140 countries of the world including Pakistan where some 3.4 billion bank customers are using the cards. The HBL, Pakistan’s largest bank, has initiated acquiring of international UnionPay Cards for usage on its ATM network.
This was jointly announced by China UnionPay Chairman Su Ning and HBL President and CEO Nauman K Dar at a ceremony held at HBL Plaza.
Also present on the occasion were senior executives of both organisations.
Speaking on the occasion, Dar said, “As Pakistan’s largest bank HBL continually strives towards providing innovative financial solutions. This alliance ties in with our mission to create strong value for our customers.” HBL boasts Pakistan’s largest branch and ATM networks. The bank is on a strong growth trajectory. Last year HBL crossed the milestone figure of PKR 1 trillion in domestic deposits becoming Pakistan’s first bank to record this achievement.
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