Print Print edition: 2011-05-26

BoP, Daewoo sign agreement

Published Updated

The Bank of Punjab (BoP) has signed an agreement with Daewoo Pakistan Motorway Services Limited (DPMSL) for providing cash management solutions on M-2. The subject agreement was signed by Khalid S Tirmizey (D-CEO of The Bank of Punjab) and J.H. Kim (CEO DPMSL).
The BoP is the first bank to provide banking services on the motorway. In the 1stphase a Drive-thru ATM shall be installed at Bhera (North) which will facilitate commuters as well companies operating in the Motorway Service Area (MSA) for withdrawing cash under One-Link ATM network. Likewise with passage of time it is anticipated that the number of ATM's installed on M-2 shall gradually increase. Furthermore, the BoP shall be offering cash management services to DPML. This partnership will help to serve motorway commuters in a more efficient manner.-PR