Askari Bank partners with Hysab Kytab to integrate Personal Finance Management (PFM) solution into Askari Digital Banking
Islamabad 8th, Feb 2022: Hysab Kytab – one of the leading Fintech has signed an agreement with Askari Bank. This collaboration will empower Askari bank’s Internet and Mobile banking app users to take greater control of their financial well-being.
With PFM, users can effortlessly record and track expenses, create budgets in various categories, plan and track saving goals, view all accounts in one place and much more.
Speaking about the partnership and why PFM solutions are a must-have for banks Veqar-ul-Islam – CEO & Director JBS and Founder of Hysab Kytab said ” I believe the partnership between FinTech and banks is key for the development of compressive solutions offering to end customer. This collaboration with Askari bank will help to boost the digital financial awareness and inclusion of banking customers”
Speaking about the partnership Yasir Ilyas – Head of Hysab Kytab said ‘’ This partnership is a major milestone. Hysab Kytab is a PFM born in Pakistan and I thank Askari Bank for trusting and selecting it for their own digital platform. This is the kind of support that our local banks can offer to help Pakistan’s FinTech industry to grow and provide solutions for the local requirements.
Commenting on the partnership Mr.Khurshid Zafar COO of Askari bank said: “Askari Bank has always strived to provide state of the art digital solutions to its customers. Our partnership with Fintechs is yet another step forward in this endeavor. We are equipping our customers with a digital tool that will enable them to track their spending patterns in the most effective way possible. I strongly believe this partnership will help us achieve our goal towards digitization.”
Mr. Shehryar Ali Shah CDO of Askari Bank said: “We are very excited to collaborate with Hysab Kytab on this project as it aligns with our strategic vision to be the best digital bank for our customers. This technology will capitalize on our momentum towards the use of digital and self-service channels and will elevate customer experience through Askari Bank’s Digital Channels with an unrivaled mobile banking technology.”