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Tag Archives: consumer

Credit Cards — benefits and risks for banks and consumers

  Credit cards promote the concept of plastic money whereby a user can purchase any product or service without having to carry cash. Credit cards allow secure method of payment online. Large payments e.g. fridge, television, furniture, airline tickets, expenses on international travel are done through credit cards. Through the usage is quite prevalent in Western markets where credit cards have replaced currency altogether, in Pakistan credit cards are seen …

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Consumer financing gaining strength

  A kind of service, providing persons with the needed finance to make personal purchases varying from buying a car to a house is identified as consumer financing. It is arranged into different types of products. Personal loans are provided for the payment of goods, services and expenses and comprise running finance and revolving credit to individuals. The idea of consumer financing is to provide consumers with financing support to …

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Consumer financing: A function of interest rate

  Advanced economies thrive on a well-managed system of consumer financing, which affords the pleasure of luxurious facilities without owning them. In capitalistic system, this is a win-win situation for both the users and the suppliers of goods and services. The economy benefits as demand is created for goods and services; consumer markets seem bursting at the seam as buyers, backed by the strength of consumer credit, throng to bid …

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Unilever Pakistan has fast emering products in every household; keeps robust results

  Unilever Pakistan is the largest fast-moving consumer goods (FMCG) company in Pakistan, as well as one of the largest multinationals operating in Pakistan. The great products from the company’s range of greater than 400 brands give the company a unique place in the lives of people globally and here. When consumers reach for nutritionally balanced foods or indulgent ice creams, affordable soaps that combat disease, luxurious shampoos or everyday …

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Consumer finance business taking great effects in Pakistan banking sector

  Meezan Bank’s Vendor and Distributor Financing Program strengthening the small scale industries Interview with Muhammad Raza — SEVP & Group Head-Customer Support, Meezan Bank Profile Muhammad Raza is currently the Group Head of Customer Support at Meezan Bank, Pakistan’s first and largest Islamic bank. His educational background includes a Bachelor of Engineering from DCET, NED University of Engineering & Technology and a Master’s degree in Business Administration from Institute …

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Huge scope of consumer financing exists in house financing

  Interview with Mr Sirajuddin Aziz — CEO & President HabibMetro Bank Country faces shortage of 8-10 million new housing units PROFILE Sirajuddin Aziz is a professionally qualified and experienced banker who has worked for different organizations in Pakistan, China, Hong Kong, UK, Nigeria and UAE. He is currently the President & Chief Executive Officer at HabibMetro Bank. Prior to this, he has served as the Chief Executive Officer of …

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