PESHAWAR (Khyber Mail): The Bank of Khyber (BoK) has announced a strategic alliance with HBL to facilitate Government to Personnel (G2P) and Personnel to Government (P2G) payments across Khyber Pakhtunkhwa (KP). This will be achieved through the branchless banking channel of HBL Konnect.

The Memorandum of Understanding (MoU) was signed by Sher Muhammad, Group Head of Conventional Banking at BoK, and Agha Israr Ahmed, Head of Sales and Distribution, IF&I at HBL. The signing ceremony was graced by the presence of several senior executives from both banks, including Irfan Saleem Awan, MD/CEO (A) & CFO, Asim Bashir, Group Head Digital Banking, Ihsan Ullah Ihsan, Group Head Remedial Assets Management Group, Muhammad Asif, Group Head HRDG, Shaikh Mashhood ur Rehman, CIO, Ali Khan Arbab, Group Head IBG (A), and Asad Mehmood Siddiqui, Head Digital Banking from BoK, and Asghar Ali, Regional Business Head, North, I&FI, from HBL.

By capitalizing on the extensive network of HBL Konnect, a considerable number of individuals are set to gain enhanced access and convenience. This partnership will enable them to enjoy seamless transactions and streamlined processes for both funds collection and disbursement. This marks a significant step towards improving financial services in the region.

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