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HBL, Huawei Enter into Strategic Alliance for Banking

A Memorandum of Understanding (MoU) was signed by HBL and Huawei Pakistan to formalise their strategic alliance through initiatives centred on financial and technological innovation, allowing HBL to improve its current systems and processes.

Mr. Naveed Hussain, a member of the network team at HBL, was also presented with an HCIE Certification during the ceremony.

Both organisations decided to concentrate on technological advancements in cloud computing, mobile payment methods, and digital banking.

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“Our achievements cannot be realised without the support from HBL, our strategic bank partner,” said Huawei’s CFO for the Middle East.

“Since 2019, we have had a thorough business partnership with HBL on sales financing projects, banking services, as well as delivering the SD-WAN project,” the additional statement continued. 

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