Karachi, December 06, 2023 – JS Bank, one of the fastest-growing banks in Pakistan, has signed a memorandum of understanding (MOU) with Security Organizing System (SOS) Pakistan. Through this MOU, JS Bank will leverage its financial expertise by providing state-of-the-art transaction banking solutions, including JS Cash Management and Employee Banking services tailored to SOS employees.
The agreement was signed during a ceremony in the presence of Syed Jafar Raza, Group Head of Investment, International & Transaction Banking, JS Bank, Ahmed Ali Usuf, Global Chief Operating Officer and Development, SOS Pakistan, and other team members from both entities.
Syed Jafar Raza expressed his thoughts on the collaboration, ”At JS Bank, we are dedicated to simplifying financial services for our partners and customers. Our goal is to provide innovative banking solutions that help them achieve operational excellence. This is a significant step towards achieving our vision of providing best-in-class services and using our expertise to empower the business community”.
This strategic alliance with SOS Pakistan underscores the Bank’s vision to advance business communities and offer reliable and innovative financial solutions. The collaboration aims to elevate the banking experience for JS Bank’s partners and customers and contribute to the country’s economic growth and stability.
About JS Bank: JS Bank is amongst the fastest-growing Banks in Pakistan, with both a domestic and an international presence. The Bank is a leader in the SME space and has a substantial footprint in Digital Banking and Consumer Loans. JS Bank has been recognized on multiple international and national forums, including the prestigious AsiaMoney, Asian Banking, Finance, DIGI, and Pakistan Banking Awards. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, please visit http://www.jsbl.com.
About SOS Pakistan: SOS Pakistan (Pvt.) Ltd Company was established in January, 1994 with registered office in Multan, with group of 12 armed guards and 4 staff members. SOS Pakistan, a distinguished leader in security and currency management solutions, with a rich legacy of over three decades. SOS stands as a beacon of trust, offering a comprehensive array of services including Security Guard, Cash in Transit, Cash Management, ATM Replenishment, and Foreign Currency & Valuables Import & Export.
