Bank spearheading its way towards E-commerce.
Jul 10 - 16, 2000
Askari Bank spearheading its way towards E-commerce.
Askari Commercial Bank, despite being a new entrant in the Banking
World has acquired an enviable position in this field. It is one of the leading Banks in
Pakistan providing most modern services to its customers and is spearheading its way
A dominant player in Pakistan's financial services industry, Askari
Commercial Bank ltd. (ACBL) delivers high quality products in a modern and cost effective
manner. The bank conducts business in retail and corporate segments, providing full range
of commercial banking services.
One of the corner stones of Askari Bank's success strategy is the
effective use of modern technology. The first ever Bank to offer internet banking services
in Pakistan is spearheading its way towards being a being a truly b2b
(business-to-business) and b2c (business-to-customer) e-commerce environment. A complete
list of bank's products, financial performance history and even account opening action
form can be downloaded from www.askaribank.com
Askari bank offers on-line real time banking service allowing its
customers to conveniently access funds from any of the Bank 's Branches and do away with
the hassle and risk of carrying cash while traveling 24-hours ATM services under the brand
name "Ask Cash" anre being offered and have now become synonymous with Askari
Bank's commitment to offer new and innovative service solution to its clients. This
network which now totals 25 ATMs country wide draws tremendous strength from the strategic
alliance between Askari Bank and ABN Amro, to share each other ATMs through a switch
arrangement (the first of its kind in Pakistan) allowing clients of both the Banks to
access funds through an ATM of either Bank. Recently, Habib Bank Ltd has also signed an
MOU to become a member of this switch.
Askari Bank also offers 24-hour integrated telephone banking facility
under the brand name "Askari Link". Customers can make balance enquiries an
order statements etc from the comfort of their home and office. The bank has also recently
become a member of swift (society for world wide interbank financial telecommunication),
allowing for exchange of messages and funds transfer electronically, world wide , thereby
enhancing its clients' ability to transact international business speedily and
efficiently. Askari Bank stands committed to provide maximum value to its customers
through a strategy of sustainable and balanced growth and to fulfill its claim of being
your Bank for the new millennium.
'Pakistan's Image Reality and Distortion,
Fact and Fiction'
"Reforms under way to improve country's image" Javed Jabbar
The Federal Minister for Information, Media Development and National
Affairs, Javed Jabbar, said the government has launched a reform programme to improve
country's image within and outside the country. He was addressing a seminar on 'Pakistan's
ImageReality and Distortion, Fact and Fiction' organized by the Management
Association of Pakistan (MAP).
Jabbar said, "The present (military) government has not curtailed
the freedom of the press after assuming power. The government's belief in the freedom of
expression can be gauged from the fact that it has abolished newsprint quota which was
used as a tool to suppress the press."
Jabbar said, "The government plans to mobilise Pakistanis living
in North America, Europe and Middle East to play their role in rebuilding country's image
tarnished by India and anti Pakistan forces." The corporate sector could do a lot in
this regard. The programme includes maintaining excellence in standards of products and
services exported from the country.
The western media blames Pakistan for drugs trafficking, terrorism,
fundamentalism and discrimination against children and women and paints Kashmir struggle
as terrorism. But it did not give any space to the steps taken by Pakistan for stamping
out opium and ensuring equal rights to women and wiping out terrorism in all forms. There
is a need to convince the foreign media that the struggle of Kashmiris is not terrorism
but a fight for their basic human rights.
He said despite all weaknesses, including low rate of literacy, poor
standard of health and lack of safe drinking water, Pakistan has tremendous potential that
is evident from the fact that it has tested a nuclear device. After the secession of East
Pakistan the 'Two Nation Theory' has emerged more powerfully and every Pakistani is proud
of his/her identity.
Earlier, MAP President Moin Fudda explained the objectives of the