Staff Reporter
Karachi
Dawlance is the technology-leader in Pakistan’s home-appliances market. It is a fully owned subsidiary of Arcelik – the largest Turkish white goods enterprise, which is also the third-largest white goods brand by Sales in Europe. Dawlance has now entered a partnership with Meezan Bank for providing an innovative Cash-Management solution to secure Dawlance’s sales transactions.
Meezan Bank will deploy an end-to-end, tailor-made Collections Solution to facilitate the largest Dealer network of Dawlance. A formal ceremony was held recently, at the Dawlance Head-Office, where the Chief Executive Officer of Dawlance – Umar Ahsan Khan and the Chief Financial Officer of Dawlance – Farhan Akram personally signed the agreement. On behalf of Meezan Bank, the SEVP & Group Head of Corporate & Institutional Banking – Muhammad Abdullah Ahmed, the EVP & General Manager of South Corporate & Institutional Banking – Amanullah Shaikh along with Muhammad Saqib Ashraf, the EVP & Head of Transaction Banking Corporate & Institutional Banking were the signatories.
