ABHI Microfinance Bank Limited
has signed a Memorandum of Understanding (MoU) with TouchPoint (Private)
Limited to explore the expansion and modernization of its banking access
infrastructure, including ATMs, Cash Deposit Machines (CDMs), card printing systems,
and other essential self-service technologies.
The collaboration establishes
a structured framework for both organizations to evaluate how modern banking
hardware and service capabilities can better support customer convenience and
operational efficiency. As financial services continue to evolve, reliable and
well-managed physical access points remain a critical bridge between digital
banking and on-ground customer needs.
Over the next twelve months,
the two organizations will engage in good-faith discussions to assess
requirements, explore practical deployment models, and determine how these
systems can be scaled to meet growing demand. The MoU is non-binding in nature,
allowing both parties the flexibility to evaluate opportunities carefully
before entering into any definitive commercial arrangements. Pricing and
detailed service terms will be agreed separately if a formal agreement is
executed.
This initiative reflects a
shared commitment to strengthening banking accessibility and ensuring that
customers have dependable, convenient channels to carry out everyday
transactions. By combining ABHI’s banking expertise with TouchPoint’s
technology and infrastructure capabilities, the partnership aims to support
smoother service delivery and improved customer experiences across locations.
The MoU also outlines key
principles related to confidentiality, intellectual property protection, and
governance. Both organizations have agreed to maintain strict confidentiality
regarding shared information, and each party retains ownership of its pre-existing
intellectual property. The understanding is governed under the laws of
Pakistan, with Islamabad as the designated jurisdiction, and includes
structured dispute resolution provisions.
The agreement was signed by
Mariam Pervaiz, Chief Commercial Officer at ABHI Microfinance Bank, and Tabish
Sabah, Chief Executive Officer at TouchPoint (Private) Limited. The signing
ceremony was also attended by Kabeer Naqvi, Entrepreneur in Residence at ABHI,
along with senior representatives from both organizations.
Through this collaboration,
both organizations signal a continued focus on building a resilient and
accessible banking environment — where strong technology infrastructure
supports both digital progress and everyday customer needs across communities.