Staff Reporter Karachi
Pakistan’s national flag carrier PIA and the coun-try’s largest bankHBL signed an agreement to offer HBL clients an exclusive discount on all their international and domestic travel tickets.
The agreement was signed between Air Marshal Arshad Malik, Chief Executive Officer PIA and Muhammad Aurangzeb, President & CEO HBL.
Present at the ceremony were Sultan Ali Allana, Chairman HBL and senior managers from both the organizations.
HBL and PIA have a longstanding relationship that is spread over numerous successfully executed transactions.
HBL stands as PIA’s leading banking partner and the preferred service provider for PIA’s banking needs at home and abroad.
HBL’s partner-ship with the National Carrier ranges across multi-ple product lines including nationwide collections, payments and payroll management, point of sale (POS) systems and trade finance.
The two organiza-tions have also worked together on various offshore and local financing solutions including HBL’s re-cent participation in the syndicated USD denomi-nated long term financing facility and PIA’s latest SUKUK offering.
This alliance will allow HBL Debit and Credit Card holders to enjoy exclusive discounts on their domes-tic and international travel via PIA.
The national flag carrier has a vision to promote tourism in Paki-stan, especially the beautiful natural landscapes that the country has to offer.
HBL being the ma rket leader in the Debit and Credit Card market, with the highest number of card holders will help bring this vision to life.