AFS announces a MasterCard Affiliate agreement with Bank Al Habib

Notes and media contacts

About AFS:
Founded in 1984, AFS is the region's leading provider of electronic -payments and consumer finance outsourcing services. Created by the financial industry to service and support financial institutions in the region and beyond. AFS is owned by 45 of the region's leading banks and currently provides outsourcing services to over 50 banks and financial institutions.

Through leveraging best-in-class technology and know-how, AFS provides clients with reliable, efficient and easy-to-use systems, supported by processing services for their card issuing, merchant acquiring and consumer finance. The comprehensive range of services offered by the company include application and transaction processing, authorizations, customer service, card issuance, fraud detection and reporting, statement issuing and dispatching, dispute and chargeback processing, reporting, settlement, reconciliation and loyalty programs.

About Bank AL Habib

Established in 1991, Bank AL Habib Limited is sponsored by the Dawood Habib Group, who have very long track record of banking in the Sub-continent which dates back to 1920s and who were among the founders of Habib Bank Limited, established in Bombay in 1941.

Bank AL Habib is one of the leading providers of Corporate, trade finance and Retail banking services in Pakistan and has over 100 branches all over Pakistan with plans to open an OBU in Bahrain later in this quarter.

AFS Contacts
Latifa Isa
Business Development & Marketing Division
Arab Financial Services Co.
Tele: +973 17 299726/ 290333

Media Contacts
Radwa Allabban
PR Senior Account Manager
Memac Ogilvy Public Relations
Tel: +973 17578726