Shell Pakistan and Habib Bank Ltd enter strategic partnership
Oct 07, 2013
KARACHI, October 7, 2013: Habib Bank Limited (HBL) entered into a strategic partnership with Shell Pakistan Limited today wherein HBL will install over 50 ATMs at Shell fuel stations across Pakistan.
Commenting on the new alliance, Mazhar-ud-deen, General Manager for Shell Pakistan’s Retail Business, said, “our partnership with HBL will enhance the one-stop customer experience at Shell stations across the country. Customers will now be able to withdraw cash, transfer funds and pay utility bills around the clock, all at one location. We hope to continue to augment this partnership with HBL and provide our customers with the convenience and services they want.”
Faiq Sadiq, Head of Payment Services at HBL added, “This partnership with Shell is one way HBL is looking to strengthen its ATM network and position as the largest ATM provider and banking industry leader in Pakistan. The deployment of our ATM’s at Shells stations is part of our commitment to providing convenient, efficient and alternate banking services to our customers. We strongly value this alliance with Shell and look forward to strengthening it further.”
Both HBL & Shell Pakistan plan to enhance their partnership in other areas of common interest.
Shell Pakistan Limited is the largest international oil marketing company in Pakistan, with a network of over 700 fuel stations across the country. Shell has a 15% share in the white oils market in Pakistan, and remains at the helm of industry-wide efforts to advocate for world-class technical standards for the oil marketing sector in Pakistan and to assist the Government in deregulating the sector.
HBL was the first commercial bank to be established in Pakistan in 1947, and has become the largest private sector bank with over 1,500 branches, 1,000 ATMs and a customer base exceeding five million relationships. HBL has a presence in over 25 countries and is the largest domestic multinational in Pakistan.