Meezan Bank Ltd recently signed an agreement to join the 1 Link Switch Network, increasing the number of 1 Link Switch member banks to thirteen. The 1 Link Switch Network is a consortium of banks that owns the largest representative shared financial services network of Pakistan.
The synergy of financial institutions working together for a common goal has steadily increased the strength, services and credibility of the 1 Link Switch over the years.
Today the 1 Link Switch has 13 member banks, with a combined strength of 314 online ATMs in 25 cities. By the end of 2004, the 1 Link Switch ATM strength is expected to increase to over 400 ATMs.
Welcoming Meezan Bank to the 1 Link Switch Network, Naved A Khan, Country Representative, ABN AMRO on behalf of the 1 Link Switch said, "An efficient electronic payment system like 1 Link Switch plays a central role in a country's infrastructure, both in terms of financial stability and facilitating transactions among consumers.
Also speaking on the occasion Irfan Siddiqui, CEO Meezan Bank Ltd Said: "Meezan Bank is looking forward to connecting to the 1 Link Switch Network. It will add tremendous customer convenience to our already existing broad range of consumer banking products and services, which not only meet customer needs but are also Shariah compliant, coupled with service excellence".-PR