PAK-QATAR GENERAL TAKAFUL and KASB BANK SIGN BANCA TAKAFUL AGREEMENT

KARACHI: 28 January, 2014: Pak Qatar General Takaful Limited has joined hands with KASB Bank by signing an agreement on Banca Takaful that will provide the bank’s customers protection against forced hold-ups during withdrawal of money from ATMs and any branch of KASB Bank throughout Pakistan.

The agreement will entitle KASB Bank customers, who sign up for the Banca Takaful service, with 24 hours coverage for all individual/joint account debit card holders against the risk of snatching/ armed hold-up/ forced deprivation of cash whilst withdrawal made by the proposer from any of the KASB Bank branch or from over 6000 1-Link/M-net ATMs across Pakistan of any scheduled bank, as more specifically defined under the Company’s Money Takaful policy.

The CEO and management of KASB Bank had an official signing ceremony with PQGTL at KASB Shahbaz branch, on Tuesday, 28th January 2014. From KASB Bank President and CEO Mr. Bilal Mustafa and other Senior Management were present for signing along with the senior management of Pak Qatar General Takaful Limited.