Telenor Pakistan and Tameer Bank Launch New Financial Services

Total Page:16

File Type:pdf, Size:1020Kb

Telenor Pakistan and Tameer Bank Launch New Financial Services Telenor Pakistan and Tameer Bank launch new financial services Telenor Pakistan and Tameer Microfinance Bank today announced the launch of easypaisa, a uniquely convenient and safe way for the people of Pakistan to carry out financial transactions. easypaisa users will have the freedom to make bill payments and send and receive money at thousands of outlets and in addition manage their bank accounts over their mobile phones. easypaisa combines the best from the financial and mobile sectors, offering the first branchless banking solution of its kind in Pakistan. "easypaisa will allow users across the board to access convenient and secure financial services. In an environment where only 12% of the adult population is formally served with financial services, easypaisa will promise tremendous financial empowerment", said Chief Executive Officer, Telenor Pakistan, Jon Eddy Abdullah. "The Telenor Group strongly believes that financial services is an area where telecommunication can contribute in providing social and economic growth. The launch of easypaisa puts Telenor Pakistan and Tameer Microfinance Bank in the forefront of offering new innovative services that promise people empowerment and convenience in carrying out financial transactions", said Sigve Brekke, Executive Vice President of the Telenor Group, and Head of Telenor Asia. "We see a growing opportunity emerging in providing compelling financial services to our customers, as seen with the success of Dtac's ATM SIM service in Thailand and Grameenphone's Billpay service in Bangladesh." Read the entire press release on: http://www.easypaisa.com.pk/media- press.php Easypaisa home page: http://www.easypaisa.com.pk For further information, please contact Glenn Mandelid, Communication Manager, Telenor Asia, tel: +66 82440 1122 Email: [email protected] Telenor Group is one of the world's major mobile operators. We keep our customers connected in our markets across Scandinavia and Asia. Our more than 30,000 employees are committed to responsible business conduct and being our customers' favourite partner in digital life. Connecting the world has been Telenor's domain for more than 160 years, and we are driven by a singular vision: to empower societies. Powered by TCPDF (www.tcpdf.org).
Recommended publications
  • Easypaisa and Grameenphone Win Global Mobile Awards
    Easypaisa and Grameenphone win Global Mobile Awards Yesterday, at the Mobile World Congress in Barcelona Telenor Pakistan’s Easypaisa was awarded two Global Mobile Awards. Telenor's Bangladeshi operation, Grameenphone was also a winner! On Tuesday 25 February, the GSM Association announced the winners of the 19th Annual Global Mobile awards. “The Global Mobile Awards once again showcase the outstanding level of innovation and creative products and services being developed across a diverse and growing industry,” said John Hoffman, CEO, GSMA Ltd. in a press release. “With more than 680 high calibre entries this year, the competition was stronger than ever and it is a significant achievement to have been honoured today.” Easypaisa wins Best Mobile Money and Best Service for Women Awards Easypaisa, the first and largest branchless banking service in Pakistan, owned by Telenor Pakistan and Tameer Bank was announced winner in the following two categories: Best Mobile Money Service and Best Mobile Service for Women in Emerging Markets. “This is a great recognition of the efforts Easypaisa has made in providing financial inclusion to the unbanked population of Pakistan. We have innovative products and strong distribution channels in combination with a high performing team. Our approach has been very focused on addressing customer’s key needs and also entering into close partnerships with organisations like Benazir Income Support Program. Last night’s awards give encouragement and motivation for continuous efforts to improve people’s lives in Pakistan,” said Roar Bjærum, Head of Financial Services Asia who received the award. Today Easypaisa serves over six million customers every month through a wide network of 35,000 agents in 750 cities across Pakistan.
    [Show full text]
  • Telenor Pakistan and Careem Announce Partnership
    Telenor Pakistan and Careem announce partnership Telenor Pakistan customers will have access to Wi-Fi equipped rides in addition to discounted rates. Telenor Pakistan has joined forces with Careem to provide discounted rides to Telenor customers. Careem is the premium transportation network company in Pakistan, connecting captains (drivers) to customers via its software platform. Under the agreement, Careem will provide 35% discount to Telenor customers on their first ride. In addition, all customers will be able to enjoy free WiFi service during their ride. As part of the deal, captains will also enjoy special data packages from Telenor Pakistan. Careem’s digital transportation network operates in three major metropolises of Pakistan, including Karachi, Lahore and Islamabad, in addition to 24 cities across the UAE and the Kingdom of Saudi Arabia. Careem is preferred by commuters for its convenient access via mobile app and online portal, superior quality rides and competitive rates. Michael Foley, CEO Telenor Pakistan, said, “We are pleased to enter into this partnership with Careem as it is in line with Telenor’s commitment to deliver the best possible services to our customers. With Careem, Telenor subscribers will not only enjoy cheaper and more comfortable rides, but also WIFI connectivity on the go. We will continue to look for newer avenues of serving our valued customers.” Junaid Iqbal, Managing Director Careem, said, “We are delighted to have struck this crucial deal with Telenor Pakistan which is the biggest proponent to digital enablement in the country. The agreement will not only help facilitate our mutual customers but go on to explore new prospects of making our businesses more accommodating and preferable to our customers.
    [Show full text]
  • Annual Report 2018
    ANNUAL REPORT 2018 ANNUAL REPORT Grameenphone Ltd. GPHouse Bashundhara, Baridhara, Dhaka-1229, Bangladesh Tel: +880-2-9882990, +88 01799882990 Fax: +880-2-9882970 Website: www.grameenphone.com EXPLORE Grameenphone wants to contribute to meet climate challenges and aims to reduce the consumption of resources and overall impact on the environment. In an effort to minimize paper consumption, we limit the MORE scope of the printed annual report within regulatory requirement. Grameenphone’s website provides extensive information about the Company and its current activities: www.grameenphone.com ANNUAL REPORT 2018 We live in a world where pocket-sized devices have become the gateway for limitless exploration and unbound resources, something previously unimaginable. Now knowledge, wisdom and opportunities are just a few clicks away, heralding a new horizon of technological empowerment. At Grameenphone, we help overcome boundaries through digitalisation. Our products’ platforms serve as a catalyst to realising dreams. We believe in continuous innovation and ensuring the best customer experience in everything we do. Welcome to our Annual Report 2018 This report aims to inform stakeholders about our financial and non-financial performances in 2018. This includes a look at how we create value over time and how our strategy addresses the challenges, risks and opportunities Grameenphone faces in a fast-changing world. WHAT’S INSIDE 01 Overview 02 Business Performance An introduction to our report with a snapshot of our An insight into our operation
    [Show full text]
  • Telenor Pakistan
    Security v Access: The Impact of Mobile Network Shutdowns Case Study: Telenor Pakistan Case Study Number 3 SEPTEMBER 2015 Case Study Number 3 SEPTEMBER 2015 Security v Access: The Impact of Mobile Network Shutdowns Case Study: Telenor Pakistan About IHRB The Institute for Human Rights and Business (IHRB) is a global centre of excellence and expertise (a think & do tank) on the relationship between business and internationally proclaimed human rights standards. We work to shape policy, advance practice and strengthen accountability to ensure the activities of companies do not contribute to human rights abuses, and in fact lead to positive outcomes. IHRB prioritises its work through time-bound programmes that can have the greatest impact, leverage and catalytic effect focusing on countries in economic and political transition, as well as business sectors that underpin others in relation to the flows of information, finance, workers and commodities. www.ihrb.org About Digital Dangers “Digital Dangers: Identifying and Mitigating Threats in the Digital Realm” is a project developed by IHRB in collaboration with the School of Law at the University of Washington in Seattle. The project builds on IHRB’s involvement in the European Commission ICT Sector Guide on Implementing the UN Guiding Principles on Business and Human Rights1. Digital Dangers identifies a number of areas including security, safety, free assembly, free expression and privacy where ICT companies and other actors would benefit from in-depth human rights analysis and policy oriented recommendations. One of the aims of the Digital Dangers project is to encourage companies to be open and transparent about the complex dilemmas they face in respecting freedom of expression and privacy by sharing their experiences to spark debate with governments and civil society and bring about positive change.
    [Show full text]
  • Tourist World Sim EN 640517
    SIM Card User Guide for Happy Tourist World SIM *This SIM card is sold outside China. Happy Tourist World SIM COVERAGE IN FREE TOLL-FREE 38 COUNTRIES 10-DAY DATA CALL CENTER GB 24hours 3coun8tries 4 Data SIM card with Free 10-day unlimited data Toll-free call center coverage in 38 countries with 4 GB at max speed (24 hours) while abroad at +66-2-202-8100 SIM Card User Guide 1 2 3 4 SMS Insert SIM card Mobile phone is automatically Refer to SMS for Ready, let’s GO! into phone connected to usage instruction *SIM card only activates in operator’s network participated countries Country Operator Operator Name Displayed on Screen Bangladesh Grameerphone BGDGP / Grameenphone Asia Cambodia CamGSM Cellcard / MobiTel / KHM-MobiTel / 456-01 Metfone metfone / KHM08 / 456 08 China China Mobile CMCC / China Mobile HongKong Smar Tone SmarTone HK / SMC HK India IDEA IDEA / INA 04 / 404 04 Vodafone Vodafone IN / 404 05 / INA 05 Airtel airtel Indonesia XL Axiata XL / 51011 Israel Cellcom IL Cellcom /425 02 / IL 02 Laos Lao Telecom LAO GSM / 457 01 Unitel Unitel / LATMOBIL / 45703 Macau SmarTone MAC SmarTone MAC / SMC MAC MalaysiaLaos Digi DiGi / DiGi 1800 / MYMT18 Celcom Celcom / MY Celcom / 502 19 Myanmar Telenor Telenor / 414 06 / TM 2G / TM 3G Pakistan Telenor Telenor PK / 410 06 Philippines Globe GLOBE / PH GLOBE / 515 02 SMART Smart Gold / SMART / 515 03 Qatar Ooredoo Ooredoo / Qtel / 427 01 Singapore SingTel Singtel / Singtel-G9 StarHub STARHUB / SGP05 / 525-05 South Korea KT (Olleh) olleh / KT / 450 08 SK Telecom 450 05 / SK Telecom / KOR SK Telecom
    [Show full text]
  • Tameer Bank's Experiences with Mobile Banking
    CHAPTER 11 Tameer Bank’s Experiences with Mobile Banking Shahid Mustafa1 Although Pakistan has several dynamic metropolitan centers, the majority of the population lives in rural areas, much of it far away from urban settlements. The rural population, predominantly poor, is widely unserved by the formal financial sector. This article explores how Tameer Bank aims to serve the rural poor by em- ploying modern communication technologies: The mobile phone is the corner- stone of Tameer Bank’s approach to outreach into the countryside. 1 Access to Finance: The Case of Pakistan The population of Pakistan is about 175 million, making it the sixth most popu- lous country in the world. The rural population is almost 64 percent of the total population. However, historically, the rural sector has suffered from policy neglect and the weak implementation of delivery systems for financial services. The services provided have been inadequate, inconvenient, and unaffordable. In relative terms, most attention has been paid to the provision of agricultural credit and the mobilization of deposits from wealthy people in rural areas. The provision of insurance, credit for non-farm purposes and for the landless and small farmers, and the mobilization of savings of the poor and the poorest in rural areas have not received much attention from policymakers. The lack of appropriate saving products, the almost total absence of insurance, limited access to credit for the poor and rural, non-farm activities, and an inefficient payments system has de- prived rural people of productive employment, as well as high and broadband growth. As a consequence, the rural economy is mired in a vicious circle of low growth, low productivity, low savings, weak employment generation, and rising poverty.2 1 Tameer Bank.
    [Show full text]
  • Opera Mini Opera Mobile Shipments Pre-Installed in 4Q08: 7.3 Million
    Opera Software Fourth quarter 2008 A note from our lawyers 2 This presentation contains and is, i.a., based on forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements . Forward-looking statements may in some cases be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “pp,gpgyotential” or “continue”, the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially, and a number of factors may cause our actual results to differ materially from any such statement. Although we believe that the expectations and assumptions reflected in the statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievement. Opera Software ASA makes no representation or warranty (express or implied) as to the correctness or completeness of the presentation, and neither Opera Software ASA nor any of its direc tors or emp loyees assumes any lia bility resu lting from use. Excep t as requ ire d by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in our expectations. You are advised, however, to consult any further public disclosures made by us, su ch as filings made w ith the OSE or press releases .
    [Show full text]
  • Management Team Profile
    Management Team The key roles of the Management Team, headed by the Chief Executive Officer, include running the day-to-day business of the Company. Collectively, they inspire our teams and steer the success of our business. 36 Management Team Profile Mr. Yasir Azman was appointed as Chief Executive Officer (CEO) from 01 February 2020. Prior to that, he served as Deputy Chief Executive Officer (DCEO) from 26 May 2017. He also served as Chief Marketing Officer (CMO) from 15 June 2015. Mr. Azman is an experienced professional with vast international experience in multiple countries and cultures. Before joining as CMO Grameenphone, Mr. Azman served as Telenor Group’s Head of Distribution & eBusiness and worked across all Telenor Operations. He has also worked in Telenor India operations as EVP & Circle Business Head for Orissa and Karnataka circles during 2010-2012. In his previous tenure in Grameenphone, Mr. Azman played a leading role to set up Grameenphone sales and distribution organisation and to transform Grameenphone distribution structure. As a CMO in Grameenphone, Mr. Azman has transformed Grameenphone towards a high performing and a digital-centric organisation. Throughout his career, Mr. Azman has a proven track record as a leader in transformation, change management and Yasir Azman business development. Chief Executive Officer He has an MBA from Institute of Business Administration, Dhaka University, and also Nationality Age Gender Bangladeshi 46 Male attended several executive educational programmes in the London Business School and INSEAD, France. Mr. Jens Becker was appointed as Chief Financial Officer (CFO) effective from 15 August 2019. Prior to joining Grameenphone, he served as CFO of T-Mobile Poland (formerly Polska Telefonia Cyfrowa) from 2007 to 2016 and was engaged with consultancy and entrepreneur ventures since then.
    [Show full text]
  • Easypaisa Introduces Mobile Accounts
    Easypaisa Introduces Mobile Accounts Telenor Pakistan is offering transactions through the customer's own mobile phone. This is a first of its kind product in Pakistan. easypaisa Mobile Accounts are virtual bank accounts and work just like a normal bank account. Once an easypaisa Mobile Account is opened, users can go to any of the thousands of easypaisa shops in Pakistan to deposit or withdraw cash from their easypaisa Mobile Account. A mobile bank account Using easypaisa Mobile Accounts, Telenor subscribers are also able to pay bills and transfer money in addition to a range of other services from their own mobile phones. The bank account is provided through the customer's Telenor connection and can be used at anytime and anywhere. Customers will be able to carry out deposits and withdrawals from any of more than 5500 easypaisa Retail Merchants, 23 Sales and Service Centers, 50 Tameer Microfinance Bank Branches and 225 Telenor Franchises from all over the country. Opening an account Accounts can be opened from any Telenor Sales and Service Centers, Telenor Franchise or Tameer Bank branch. Mobile Accounts have no minimum balance requirements and account opening is instant. Upcoming services include: fund transfers to any bank in Pakistan withdrawals through ATM cards payment of Telenor Persona bills (a post paid service) purchase of easyload receiving International Remittances from abroad Easier access to banking services Considering that close to 90 per cent of the adult population in Pakistan has no bank account and more than 60 per cent use mobile phone services, easypaisa aims to provide financial inclusion for the urban as well as the rural population.
    [Show full text]
  • Nbp, Telenor & Telenor Bank Ink a Strategic Alliance
    Press Announcement NBP, TELENOR & TELENOR BANK INK A STRATEGIC ALLIANCE Islamabad: National Bank of Pakistan (NBP), Telenor Pakistan (TP) and Telenor Microfinance Bank Ltd. (Formerly Tameer Microfinance Bank Ltd.) formed a strategic alliance to further financial inclusion in Pakistan at a signing ceremony held at local hotel in Islamabad. The strategic alliance is in continuation of the coalitions to promote financial inclusion that now cover almost the entire telecom industry of Pakistan. The agreement was signed among Mr. Saeed Ahmad – President & CEO NBP, Mr. Irfan Wahab – CEO Telenor Pakistan and Mr. Yahya Khan - CFIO & CDO Telenor Microfinance Bank, in the presence of senior management from the three organizations including Mr. Mudassir H. Khan – SEVP/Group Chief CRBG, Mr. Azfar Jamal – EVP/Head – Payment Services, Mr Khawaja Asif - COO Telenor Microfinance Bank and Mr Rehan Akhter - Head of FS Karandaaz among other delegates. Under the ambit of this arrangement, multiple services will be leveraged upon including Telenor USSD Channel, Agent Network of Easypaisa, and NBP’s transaction base, to fulfil the needs of banked as well as the unbanked population of Pakistan including facilitation of P2G and G2P transactions. With this joining of hands between one of Pakistan’s largest Government-owned banks and one of the Pakistan’s leading telco operators along with its microfinance bank, the dynamics of the Digital Financial Services are sure to reach the next milestone. After the ceremony Mr. Saeed Ahmad – President & CEO NBP stated that National Bank envisions creating concrete opportunities to promote financial inclusion through innovation driven by technologies and data, and with that; drive inclusive and sustainable growth in the formal banking sector.
    [Show full text]
  • Profiles of Candidates Nominated for Election As Directors of the Company
    Enclosure 4 Document accompanying Agenda 5 Profiles of candidates nominated for election as directors of the Company Name Mr. Tore Johnsen Nationality Norwegian Age 68 years Education Master of Science, Norwegian Institute of Technology, University of Trondheim, Norway Training Director Certification Program (175/2013), Thai Institute of Directors Association Proposed type of directorship Director, Member of the Remuneration Committee, Member of the Nomination Committee, and Member of the Corporate Governance Committee Years of directorship 2 years 11 months (Appointed since 29 March 2013) Meeting attendance in 2015 Board of Directors’ Meetings: 9 from 9 times Nomination Committee’s Meetings: 3 from 4 times Remuneration Committee’s Meetings: 3 from 3 times Corporate Governance Committee’s Meeting: 1 from 1 time Shareholding interests in the Company Nil Positions in other SET-listed companies None Positions in non SET-listed companies 6 companies Positions in companies having conflict of interest - Director, Telenor Myanmar Ltd, Myanmar (Telecommunication) - Director, DiGi Telecommunications Sdn Bhd, Malaysia (Telecommunication) - Director and Member of the Audit Committee, DiGi.com Berhad, Malaysia (Telecommunication) - Chairman, Telenor Pakistan Ltd, Pakistan (Telecommunication) - Director and Senior Vice President, Telenor Asia (ROH) Co.,Ltd (Telecommunication) - Director and Member of the Audit Committee, Grameenphone Ltd, Bangladesh (Telecommunication) Work experience Year Position Company 2013 - Present Director, Member of Remuneration
    [Show full text]
  • Prepared for Upload GCD Wls Networks
    LTE‐ LTE‐ Region Country Operator LTE Advanced 5G Advanced Pro Eastern Europe 92 57 4 3 Albania Total 32 0 0 Albania ALBtelecom 10 0 0 Albania Telekom Albania 11 0 0 Albania Vodafone Albania 11 0 0 Armenia Total 31 0 0 Armenia MTS Armenia (VivaCell‐MTS) 10 0 0 Armenia Ucom (formerly Orange Armenia) 11 0 0 Armenia VEON Armenia (Beeline) 10 0 0 Azerbaijan Total 43 0 0 Azerbaijan Azercell 10 0 0 Azerbaijan Azerfon (Nar) 11 0 0 Azerbaijan Bakcell 11 0 0 Azerbaijan Naxtel (Nakhchivan) 11 0 0 Belarus Total 42 0 0 Belarus A1 Belarus (formerly VELCOM) 10 0 0 Belarus Belarusian Cloud Technologies (beCloud) 11 0 0 Belarus Belarusian Telecommunications Network (BeST, life:)) 10 0 0 Belarus MTS Belarus 11 0 0 Bosnia and Total Herzegovina 31 0 0 Bosnia and Herzegovina BH Telecom 11 0 0 Bosnia and Herzegovina HT Mostar (HT Eronet) 10 0 0 Bosnia and Herzegovina Telekom Srpske (m:tel) 10 0 0 Bulgaria Total 53 0 0 Bulgaria A1 Bulgaria (Mobiltel) 11 0 0 Bulgaria Bulsatcom 10 0 0 Bulgaria T.com (Bulgaria) 10 0 0 Bulgaria Telenor Bulgaria 11 0 0 Bulgaria Vivacom (BTC) 11 0 0 Croatia Total 33 1 0 Croatia A1 Hrvatska (formerly VIPnet/B.net) 11 1 0 Croatia Hrvatski Telekom (HT) 11 0 0 Croatia Tele2 Croatia 11 0 0 Czechia Total 43 0 0 Czechia Nordic Telecom (formerly Air Telecom) 10 0 0 Czechia O2 Czech Republic (incl. CETIN) 11 0 0 Czechia T‐Mobile Czech Republic 11 0 0 Czechia Vodafone Czech Republic 11 0 0 Estonia Total 33 2 0 Estonia Elisa Eesti (incl.
    [Show full text]