Mobilink Bank and BMA Capital Management enter into a distribution agreement

ISLAMABAD: Mobilink Bank has signed a strategic partnership with BMA Capital Management Limited, one of the oldest and top financial groups in Pakistan, welcoming the company as a ‘Brand Ambassador Organization’ to help diversify revenue streams and boost business bottom lines for both organizations.

Mobilink Bank aims to enhance customer journeys through this partnership and help enable sustainable business growth.

Mobilink Bank and BMA Capital signed the agreement in Karachi to formalize the mutually beneficial partnership. Under this partnership, BMA Capital Management will securely deposit funds within Mobilink Bank, offering multiple incentives to enhance their financial health and service capacity.

“This strategic alliance with BMA Capital marks a pivotal moment in our resolute commitment to forging transformative industry partnerships,” said Ghazanfar Azzam, President and CEO Mobilink Bank.

“This collaboration is set to foster Mobilink Bank’s financial robustness, equipping us to spearhead financial inclusion, bolster MSMEs, and champion the cause of digital and financial literacy, steering our nation towards sustainable economic prosperity,” he added.

Chairman & CEO of BMA Capital Management, Moazzam M. Malik expressed, “We are delighted to join hands with Mobilink Bank in this collaboration, which is a significant step forward in enhancing our business endeavors. We hope the partnership will effectively contribute to our growth and enable us to provide even greater value to our clients and stakeholders.”

Copyright Business Recorder, 2023