Telenor Bank signs agreement with TEZ Financial Services for disbursement of nano-loans

Telenor Bank signs agreement with TEZ Financial Services for disbursement of nano-loans. Telenor Microfinance Bank and TEZ Financial Services have entered into an agreement for disbursement of nano-loans to Easypaisa Mobile Account customers.

The agreement was signed recently at the Telenor Bank Head Office. Shahid Mustafa, President & CEO – Telenor Microfinance Bank and Nadeem Hussain, Founder & CEO – TEZ Financial Services were the signatories on behalf of their respective companies.

“Telenor Microfinance Bank has always been the leader in driving digital financial inclusion across the country. By collaborating with various partners from the financial sector we empower people and help make a real difference in their lives.” said Shahid Mustafa, President & CEO-Telenor Microfinance Bank. “Providing loans through mobile banking is yet another effort to provide people with innovative and easy to access financial solutions.”

“Tez Financial Services’ collaboration with Telenor Microfinance Bank enables us to utilize the country’s largest branchless banking agent network. We aim to provide hassle-free loans to the underprivileged. By providing a range of financial products straight through their mobile phones we are enriching the lives of every Pakistani.” said Nadeem Hussain, Founder & CEO – TEZ Financial Services.

 Telenor Microfinance Bank is the largest proponent of financial inclusion in Pakistan. Having pioneered branchless banking in the country through ‘Easypaisa’ a 360 degree digital financial platform, the Bank is providing innovative products and services to cater to a range of market requirements.