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U Microfinance Financial institution enters into partnership with ABL –

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President & CEO U Microfinance Financial institution Restricted (U Financial institution) Mr. Kabeer Naqvi, President & CEO Allied Financial institution Restricted (ABL) Mr. Aizid Razzaq Gill and CEO ABL Asset Administration Firm Restricted (ABL AMC) Mr. Alee Khalid Ghaznavi, signed Memorandum of Understandings (MOUs) of strate-gic partnership to advertise monetary inclusion within the nation.

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This collaboration between the establishments will open avenues to help monetary and social inclusion of the unbanked inhabitants. The areas of curiosity be-tween U Financial institution, ABL & ABL AMC embody medium to long run Debt Finance, Structured Finance, Housing Finance, Islamic Finance, Mutual Funds and varied different funding choices.

Talking on the event, Mr. Kabeer Naqvi, Presi-dent & CEO of U Financial institution acknowledged that this strategic partnership with ABL group will strengthen our potential to offer a broad vary of banking companies to the underserved section of the society. Additional-more, this may permit us to create environment friendly synergies with each entities to design and introduce modern financing options.

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President & CEO of ABL Mr. Aizid Razzaq Gill appreciated U Financial institution’s relationship with ABL and expressed the will to additional strengthen their en-gagement going ahead. He additionally mentioned the necessity of creating trade vide lending controls to reduce non-performing loans, and investing on human sources to ship high quality companies and monetary options to the lots.

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