KARACHI: MCB Bank Limited and The Spirit School (project of Superior Group) signed a memorandum of understanding on Thursday (July 30, 2015) at MCB House, Lahore. The ceremony was attended by the senior team members from both Groups. Zargham Khan Durrani (Head of Retail Banking Group - North, MCB) and Chaudhry Abdul Khaliq (Director Operations, The Spirit Schools) were the distinguished signatories of this MOU. This initiative aims at benefitting the society at large besides serving the mutual interests of both organizations.

By virtue of this MOU, MCB Bank intends to provide financial services (in the form of MCB Fun Club accounts) to the students of ‘The Spirit School’ network across Pakistan. This would greatly help in improving the financial understanding and awareness amongst the younger generation, with the ultimate aim of grooming them into better professionals and future leaders.

Zargham Durrani briefed them about the MCB Group, its diverse product menu carrying diversified segment appeal and its contribution towards society under its ‘Corporate Social Responsibility’ program. He further emphasized the importance of having more of such arrangements across the industry in future.

Chaudhry Abdul Khaliq also briefed about Superior Group’s endeavours and conscientious efforts towards improving the educational standards for Pakistani students, both within and outside the country through special arrangements with international universities.—PR