MOU SIGNING BETWEEN ASKARI BANK & DIGITAL MILES


Askari Bank and Digital Miles have entered into a collaborative partnership with the signing of a Memorandum of Understanding (MOU). This partnership marks a significant step towards transforming the lives of unbanked and marginalized women and men in Pakistan.

Our shared mission for this partnership is to reimagine the “last mile” in financial services and to unlock the tremendous demand for digital financial solutions among underserved communities. By combining their respective expertise and resources, Askari Bank and Digital Miles aim to bridge the gap and bring financial inclusion to a larger segment of the population.

Speaking on this occasion, Ali Naqvi, Chief Digital Officer at Askari Bank, said that “this strategic initiative highlights our unwavering commitment to promoting digital transformation and inclusivity for the unbanked & underserved segment and directly aligns with our mission of ‘Getting closer to the customer’. With our focused efforts, we are propelling customer-centric digital engagement to new heights and leading the way in launching innovative solutions where the scale has the potential to become a national asset.”

With this MOU, Askari Bank will harness the expertise of Digital Miles across a spectrum of services, including research, design, innovation, & project management, with a special emphasis on grant-funded projects. Together, we aim to make digital financial services accessible to all, driven by innovative technology and forward-thinking solutions.

Rehan Akhtar, CEO of Digital Miles, expressed his profound enthusiasm about the transformative journey ahead, stating, “This collaboration is a beacon of hope, illuminating the path towards financial inclusion and empowerment. Together with Askari Bank, we aspire to create a brighter, more equitable future for unbanked communities, where every individual’s potential is realized through the power of digital financial solutions.”

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