Meezan Bank signs deal with ENA


KARACHI: Meezan Bank, Pakistan’s leading Islamic bank has signed a supply agreement for green energy & power solution with Energy N Automation (Pvt) Ltd (ENA), a company of Jaffer Business Systems.

Under this agreement, ENA will provide power backup to Meezan Bank’s branches countrywide, aiming to reduce carbon footprint by more than 23,000 tons per year from the environment. The agreement serves as an incentive to reduce both energy consumption as well as carbon emissions at the branch level, furthering the Bank’s commitment to play a role in combating climate change.

ENA will provide support and services for the most reliable and innovative super capacitor battery module Power Solution to over820 branches of Meezan Bank countrywide, thereby contributing to a greener world by reducing Carbon footprint and fuel consumption.

The agreement was signed by Riaz Ahmed, Executive Vice President Meezan Bank and Veqar Islam, Chief Executive and Director of Jaffer Business Systems.

Speaking at the occasion, Riaz Ahmed said that the supply agreement with ENA is a milestone in the conversion of our power supply to more innovative and sustainable sources.

Veqar Islam - CEO, JBS spoke at the occasion said that JBS is believed in innovation, integrity and excellence to provide our customers with superior services and continuously strive for significant impact on the lives of people and societies that we serve in.