ISLAMABAD: The NAVTTC’s mission was to provide facilitation, direction, funding and an enabling environment for skills development in order to improve social and economic outlook of the country.
This was said by the Executive Director NAVTTC, Zulfiqar Ahmad Cheema during an MoU signing Ceremony between NAVTTC and National Bank of Pakistan here on Tuesday, a news release said.
Under this MOU, timely disbursement of monthly stipend will be ensured through NBP’s Digital Platform.
Zulfiqar Cheema stated that NAVTTC was delighted to enter into an alliance with NBP, which is the largest government bank in Pakistan. NAVTTC will continue with its efforts it facilitate the youth and create employment opportunities to eradicate poverty and promote economic progress of the country, he stressed.
The agreement was signed by Mudassir H. Khan – SEVP / Group Chief Payment Services Digital Banking Group – NBP and Dr. Nasir Khan, Director General NAVTTC, in the presence of senior management of both sides including Zulfiqar Ahmad Cheema Executive Director NAVTTC, Azfar Jamal – EVP/Head – Innovation & e-Banking and other delegates.
This initiative will bring convenience for the trainees of NAVTTC by enabling them to withdraw their monthly stipend amounts, anywhere any time, through more than 1300+ NBP ATMs as well as 11,000+ 1 Link member bank ATM across Pakistan.
On the occasion, Mudassir H. Khan stated that the National Bank envisions’ to transform the country’s financial outlook by offering Payments/Collections Services to every Pakistani through all available digital payment channels in Pakistan.
He further enlightened the importance of National Eco-system in partnership with leading players in the country to enhance the value for every citizen through financial inclusion, creating inter-operable digital solutions for general public to further boost financial inclusion resulting in inclusive growth.
Speaking at the occasion, Azfar Jamal EVP / Head Innovation e-Banking said that NBP would be issuing Union Pay branded Prepaid Cards to the students enabling them to not only make withdraw cash from any ATM across Pakistan but also make payments at any Point of Sale merchant.
This is a tailor-made transactional solution catering the requirements of NAVTTC with NBPs unparalleled branch and ATM footprint across the length and breadth of the country. He further stated that more prepaid card variants for various target markets are being launched by NBP in the near future.
