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2nd Pakistan Banking Awards to be given this month

2nd Pakistan Banking Awards to be given this month

KARACHI: The 2nd Pakistan Banking Awards 2017 will be held this month here to highlight the fundamental development of the banking sector achieved through technology based services.

Chief Executive of Institute of Bankers Pakistan, Hussain Lawai said these awards would serve as a platform to promote, recognize and acknowledge the contribution of the banking industry for strengthening Pakistan’s economy, says a press release here on Monday.

The financial sector has done marvelous job for the economic growth of the country and triggered its gross domestic product (GDP) so its role, contribution and achievements of the institutions should be recognized and acknowledged, he added.

“Our jury comprises the people who possess relevant expertise and are undoubtedly institutions in themselves. Like before, they would adopt transparent and impartial evaluation process to select the best performers for this year’s awards,” he added.

He appreciated the role of Institute of Bankers Pakistan (IBP), A.F. Ferguson and Co. (AFF) and Dawn Media Group for organizing this great event.

Meanwhile Syed Muhammad Shabbar Zaidi-Territory Senior Partner and Chairman A.F. Ferguson & Co (AFF) PWC presented 8 award categories which included bank the Unbanked Award, Best MicroFinance Bank, Best Bank for Small Businesses and Agriculture, Best Bank for Corporate Finance and Capital Market Development, Best Customer Franchise, Best Islamic Bank, Best Environmental, Social and Governance (ESG) Bank and the Best Bank.

Pakistan Banking Awards were launched in 2016. Awards are now an annual event. Awards are given to individual banks based on their performance, broadly in the developmental, financial, and customer service related spheres.