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imageISLAMABAD: National Bank of Pakistan has embarked an aggressive plan to roll out a wide ATM network by the end of 2015 at 1,000 different locations countrywide including far-flung areas.

The ATMs will be equipped with the state-of-art technology which will provide a hassle free cash transactions to customers of all income levels.

This was stated by Syed Ahmed Iqbal Ashraf, President and Cheif Exective (CEO), National Bank of Pakistan who was present at the signing ceremony of 250 ATM project, says a press release.

The agreement was inked by Zubair Ahmed (SEVP, Logistic Security Support and Engineering Group) and Veqarul Islam (President - TouchPoint). Mudassir H. Khan (SEVP Commercial & Retail Banking Group), Nausherwan Adil (SEVP, Operations Group), Khalid Bin Shaheen (SEVP, Global Home Remittances Management Group), Javed Haider (SVP, Divisional Head - LS&EG), Faisal Mahmood (VP, Head I.T. Procurement Wing), Qasim Y. Khan (VP, I.T. Procurement) and Tabish Sabah (CEO - TouchPoint).

The NBP is operating with 376 ATMs countrywide and with this new addition the total installed base of ATMs shall be 626. NBP payment processing is powered by World renowned payment processing software ITM of Euronet.

NBP is committed to perform its role to render commercial banking services to masses whereas it is equally firm to deliver facilities of public and national interest with true letter and spirit including disbursement of pension to more than 1.4 million beneficiaries on time every month through its branches network.

The bank's management is planning to provide advanced services to the customer that will enable them to easily make their transactions by self-service which will be hassle free and round-a-clock. In this regard, a cutting-edge technology is being equipped in the system including the recent installation of Server 8 that centralized banking system through satellite technology.

He added that banking system of the country is advancing towards technology whereas its financial health is getting stability with rising business and banked populations.

Copyright APP (Associated Press of Pakistan), 2014

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