Tameer Bank Next Big Hit
By Mujtaba
Tameer Bank with just 31 on-line branches and 35 on-line sales & service centers across Sindh and Punjab after joining hands with Telenor for Easypaisa is now eying another cellular giant, PTCL.
According to Propakistani, the Pakistan Telecommunication Company Limited (PTCL) and Tameer Microfinance Bank signed a Memorandum of Understanding (MoU) for online connectivity of all Tameer Bank’s outlets.
PTCL SEVP Business Zone South, Abdulla Yousef said Tameer Microfinance Bank is a valuable addition to PTCL’s portfolio of its customers. This project will serve as another milestone in PTCL’s perpetual pursuit for providing its customers with the best solutions based on the latest available technology in the market with unmatched services.
But I personally believe that Tameer Bank need PTCL more than PTCL need them. This small bank is merging with companies, which are much bigger in size and revenues, and building its customer base. I talked with Mr. Bilal Siddqui, our editor in karachi, and according to his analysis and communication with industry, Tameer is a potential competition for huge banks.
“We rarely see any new successful products in current economic scenarion and while Banking Giants are complaining, Tameer Bank is slowly making its way out”, added by Bilal.
Is it possible that the strategies employed by Tameer Bank could help them is having a huge bite of market share? We will cover on Tameer Bank more in future with tips from Stock market experts about its future and investment potential.