Faysal Bank has signed a Memorandum of Understanding (MoU) with Pakistan Academic Consortium (PAC) for the provision of loans at special rates to teachers. Pakistan Academic Consortium (PAC) is the fastest-growing academic alliance operational across the country.
This collaboration will allow Teachers and staff working with Schools, Colleges & Universities to get Cheap loans for housing at special rates from Faysal Bank under ‘Faysal Tabeer’.
The MoU was signed by Nasir R. Zaidi, Founder President PAC and Yasser Ahmed, Head – Sales Transaction Banking represented Faysal Bank.
On this occasion, Fahad N. Siddiqui, Gen. Secretary PAC said:
While responding to a question, PAC Founder President Nasir R. Zaidi stated:
On this occasion, Salman A. Khan (EVP Transaction Banking) and Taab A. Khan (AVP Transaction Banking) were also present.
Faysal Bank is one of the largest Bank in Pakistan with a sizable branch network of 550 branches across country placing it amongst significant players in Pakistan’s banking industry.
Faysal Tabeer is the bank product that provides convenient and affordable options for financing needs and Schools/university staff will now have an opportunity to buy a house/apartment or opt for construction/renovation finance in a complete Shariah-compliant way using Diminishing Musharakah mode of financing.
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