SCO and JS Bank Partner to Launch S-Paisa for Branchless Banking in Azad Jammu and Kashmir : AsiaNet-Pakistan

SCO and JS Bank Partner to Launch S-Paisa for Branchless Banking in Azad Jammu and Kashmir

February 22, 2019 | General Business News | Share:

Karachi, February 22, 2019 (PPI-OT): Taking a major stride towards its financial inclusion goals in the region, Special Communications Organization (SCO) has joined hands with JS Bank for the launch of its branchless banking services in Azad Jammu and Kashmir and Gilgit-Baltistan. In this regard, a contract signing ceremony was held between the two organizations.

A brand envisioned as ‘S-Paisa,’ aims to empower more than 6 million people of Azad Jammu and Kashmir and Gilgit-Baltistan through state-of-the-art, convenient and secure branchless banking services. The partnership of JS Bank with the leading telco will financially empower the un-banked in these regions.

The contract signing ceremony was attended by Major Gen Ali Farhan, HI (M), DG SCO and President and CEO Mr. Basir Shamsie from JS Bank.

Sharing his thoughts on the development, SCO’s spokesperson said,

We are delighted to have partnered with JS Bank to make Mobile Financial Services accessible to the people of AJ and K and GB. S-Paisa will not only bring ease to the lives of millions of people but also prove to be a great contributor to the region’s socio-economic development in the longer run.

For more information, contact:
Manager, Marketing and Corporate Communications
JS Bank Limited
Tel: (92 21) 111 (572 265) Ext: 330
Fax: (92 21) 263 1803
Mobile: (92 321) 8298270
Email: nabeela.darugar@jsbl.com

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Category: General Business News