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Monday, November 25, 2024

Standard Chartered Bank and TPL Trakker collaborate to secure Auto-Financing solutions - TechJuice

Last updated Wednesday, November 17, 2021 03:00 ET

Standard Chartered Bank (Pakistan) is a leading global bank that has partnered with TPL Trakker – the most advanced IoT Company in Pakistan, for Tracking, Telematics, Mapping, and Location-Based Services. This strategic alliance has created a one-window solution to manage and secure the automobiles financed by the bank, as the Auto-Financing sector in Pakistan has risen to an unprecedented volume of 338 billion Rupees.
Through this resourceful partnership, TPL Trakker will provide cutting-edge facilities like Warehousing, Vehicle-Monitoring Systems, and Direct-Tracking of vehicles. Standard Chartered Bank Pakistan will leverage these services to enrich its offerings and auto-finance solutions. As the demand is forecasted to grow significantly in the future, the evolving needs of the car-financing sector need to be catered to, while these financed-assets can be monitored for complete safety, to ensure the consumers’ peace of mind.
A ceremony was recently held to sign this agreement, and the Country Credit Head of Consumer, Private & Business Banking (CPBB) at Standard Chartered Bank – Mr. Hamid Sameen and the Chief Executive Officer of TPL Trakker – Mr. Sarwar Ali Khan, personally graced this event, along with several senior executives from their award-winning and innovative organizations.
On this occasion Chief Executive Officer TPL Trakker – Mr. Sarwar Ali Khan said,
“Through this collaboration with Standard Chartered, we want people to drive their favorite cars...



Read Full Story: https://www.techjuice.pk/standard-chartered-bank-and-tpl-trakker-collaborate-to-secure-auto-financing-solutions/

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