The Financial institution of Punjab and the Board of Income Balochistan Collaborate to Launch E-Stamping Challenge.

Pakistan (Muhammad Yasir)

The Financial institution of Punjab and the Board of Income Balochistan signed a service degree settlement in Quetta to provoke the E-Stamping undertaking for automating this crucial service for the advantage of the residents. This aligns with the Authorities of Balochistan’s imaginative and prescient of selling digital companies and guaranteeing ease of doing enterprise within the province. Embracing the ability of know-how, residents can now get hold of stamp papers effortlessly inside minutes, on the click on of a button, because of a seamless course of supplied by the Financial institution of Punjab. The E-Stamping undertaking shall be rolled out throughout the province and can improve income assortment whereas offering full knowledge reconciliation. The ceremony was attended by Mr. Roshan Ali Shaikh (Senior Member Board of Income), Mr. Farid Ahmed Khan (Group Chief Company & Funding Banking – BOP), and Mr. Sharjeel Raza Khan (Head Transaction Banking – BOP), together with senior officers from each organizations. The Financial institution of Punjab is the one financial institution within the nation extending end-to-end totally automated E-stamping companies efficiently since 2016. The Financial institution plans to supply these companies in different provinces in joint collaboration with key stakeholders. The Financial institution of Punjab boasts an intensive community of 780 branches unfold throughout Pakistan. In Punjab, the financial institution operates 471 standard and 91 Islamic branches. In Sindh, BOP has a rising community of 73 standard and 10 Islamic branches. In Khyber-Pakhtunkhwa, the financial institution has 48 standard and 21 Islamic branches. Inside ICT, there are 15 standard and seven Islamic branches. In Balochistan, the financial institution operates 8 standard and 5 Islamic branches. Moreover, there are 8 standard and a couple of Islamic branches in Gilgit-Baltistan and 5 standard and three Islamic branches in Azad Jammu & Kashmir. The Financial institution of Punjab has established an unlimited community of 765 ATMs all through Pakistan. In Punjab, BOP operates 591 ATMs, whereas in Sindh, there are 66 ATMs. In Khyber-Pakhtunkhwa, the financial institution has 55 ATMs. Furthermore, it has 26 ATMs working within the ICT area, together with 13 ATMs in Balochistan. Moreover, the financial institution has 9 ATMs in Gilgit-Baltistan and 5 ATMs in Azad Jammu & Kashmir.

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