MCB Bank and Nokia Cooperation

MCB Bank Limited and Nokia Finland announced that they have reached a historic cooperation agreement for the development and extension of financial services to millions of mobile phone users. This is the first time that a leading financial institution has partnered with a leading handset manufacturer and mobile solutions company to offer low cost financial services. Speaking at the agreement signing ceremony, Mr. M U A Usmani, President MCB Bank said" MCB and Nokia have forged a complex cross industry partnership. The deal will see both the development and extension of the next generation of low cost banking products and services targeted at millions of mobile phone users in Pakistan. This is the first time that a leading financial institution has partnered with a global leader in handset manufacturing to offer innovative and transformative payment solutions and services."