HBL in partnership with ‘Hysab Kytab’ is planning to launch the first comprehensive Personal Finance Manager (PFM) solution first offered by any commercial bank in Pakistan. The Hysab Kytab PFM (Budget) tool is integrated into HBL Mobile and will allow all users of the application to monitor their financial well-being.

Hysab Kytab founder and Jaffer group director Veqar Ul Islam said:

Working with HBL is a milestone. Hisab Kitab is a Pakistani-born PFM and I thank HBL for trusting in choosing his own digital platform. This is the kind of support our local banks can provide to help Pakistan’s fintech industry grow and offer solutions as per local requirements.

Commenting on the partnership, Abrar Meer, Head of Digital, Innovation and Financial Inclusion at HBL, said:

This partnership with the HysabKytab is an important step in giving mobile banking users a complete picture of their money and enabling them to smartly accept financial solutions. Offering innovative banking solutions, HBL will act as the main differentiator in Internet/mobile banking segment.

In the initial phase of launch, HBL mobile app users will be able to record and track their expenses, develop budgets for various categories, plan and track savings goals, and view all invoices in one place, along with other key banking functions. The next phase will include automatic data classification and integration, which will further improve the quality of customer service.

Cultivating its passion for customer-centric digital banking under the motto “More than just banking”, HBL Mobile works tirelessly to better understand customers’ needs and better serve them by offering simple banking solutions.

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