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Al Hail ORIX Finance signs MOU with Habib Exchange

Al Hail ORIX Finance PSC signed a Memorandum of Understanding with Habib Exchange on January 11, 2015. The memorandum covers all aspects of the business activities of each organization and provides a framework under which the respective companies can market their services to each other’s customers. The MOU was signed Mr. Arshi Islam, the CEO of Al Hail ORIX Finance and Mr. Mohammed Amin Bawa, CEO of Habib Exchange.

After signing the memorandum, Habib Exchange will be able to market their services to the 1500+ SME and Corporate customers of Al Hail ORIX. Al Hail ORIX on the other hand will have access to remittance, WPS and other exchange products which can be marketed to its core customer base.

Next steps include an orientation program for both companies followed with a co-branded product development.