Trade Chronicle May June 2017

TRADE CHRONICLE
UBL inaugurates Contact
Centre in Islamabad
UBL, Pakistan’s Best Bank 2016,
inaugurated its state-of-the-art
Contact Centre in Islamabad
recently. Located in G6, Islamabad,
Wajahat Hussain, President & CEO
UBL inaugurated the Contact Centre.
He was accompanied by Sima Kamil,
Deputy CEO UBL and other senior
executives of the Bank.
The visiting group was given a
SBP signs pact
with Iranian bank
In a major move to
establish banking channel
for trade, the State Bank of
Pakistan (SBP) has signed
an agreement with Bank
Markazi Jomhouri Islami Iran for
banking and payment arrangement.
Wajahat Hussain, President & CEO, UBL inaugurates UBL’s Contact Centre in Islamabad.
this contact centre is UBL’s third and
offers multiple banking service
options to the customers of the Bank.
With a capacity of 130 seats, the
centre offers Inbound, Telesales,
Callback Mailroom and Social
Media Services.
detailed overview on the Contact
Centre’s services and how it has now
emerged as one of the leading Banking
contact centres in Pakistan. Later, the
group was given an extensive tour of
the centre where they observed the
contact centre team’s operations.
The SBP has revealed that an
agreement on BPA has been signed
between the State Bank and Bank
Markazi Jomhouri Islami Iran (BMJII)
in Tehran. Riaz Riazuddin, Deputy
Governor, SBP and Ghulam Ali
Kamyab, Vice Governor BMJII signed
the agreement on behalf of their
respective central banks. the objective
of the BPA is to provide a trade
settlement mechanism to promote trade
between Pakistan and Iran. This
mechanism will be used for payment of
trade conducted via letter of credit (LC)
and in accordance with international
laws and regulations.
The Federation of Pakistan
Chambers of Commerce & Industry
The Federation of Pakistan Chamber
of Commerce & Industry (FPCCI) has
organized a symposium on Health
Care Insurance in Karachi recently.
Mr. Saifuddin N. Zoomkawala,
Chairman, Eastern Federal Union
Insurance Co. (EFU) was the key note
speaker on the occasion. Mr. Irfan
Ahmed Sarwana, Vice President
FPCCI welcomed Mr. Saifuddin N.
Zoomkawala, Chairman EFU at the
H e a d o ff i c e o f F P C C I a n d
appreciated the efforts of FPCCI
Standing committee on Medical
consultant for organizing this
symposium on the HealthCare
Insurance, whose objective is to
create an awareness regarding the
importance of healthcare, which is the
main issue of people of Pakistan and
particularly industrial workers,
unfortunately, like the other social
sector, health is not a priority area of
the Pakistan government.
Mr. Irfan Ahmed Sarwana, Vice President FPCCI is presenting FPCCI crest to Mr. Saifuddin
N. Zoomkawala, Chairman EFU. Mirza Ishtiaq Baig, Mr. Saqib Fayyaz Magoon, Vice
Presidents FPCCI, Mr. Hanif Gohar, Former Vice President FPCCI and others also seen in
the picture.
Mr. Irfan Sarwana further added that
Health insurance is an approach of
paying all the costs of healthcare. It
protects insured persons from paying
high treatment costs during all types of
sickness. The history of Health
Insurance is as old as the history of
mankind. Currently, according to World
Bank, the system is practiced in more
than 80 countries all over the world.
In Pakistan, the Private Health
Insurance was introduced more than
three decades back, but its
significance was never fully
acknowledged. However the past few
years has seen a growing interest in
b o t h i t s u n d e r s t a n d i n g a n d
acceptance. In urban Areas, People
have generally awareness of the
scheme but in rural areas, the people
are generally unaware about this
scheme. The holding of these types of
seminar and symposium, is to create
awareness and impress upon need of
ensuring adoption of health insurance
scheme for in industrial workers.
While concluding Mr. Irfan Ahmed
Sarwana, Vice President FPCCI
thanked Chairman of FPCCI Standing
Committee on Medical Consultants
for organizing this important seminar,
in order to create awareness regarding
health insurance in Pakistan.
TRADE CHRONICLE - May.~Jun. 2017 - Page # 38