The President & CEO, UBL Mr. Atif R. Bokhari expressed his confidence at the signing
ceremony stating that the alliance between the two companies will bring unique benefits
to customers. He said: “At UBL we have restarted auto-financing with renewed vigor,
albeit tempering it with prudence and measured risk taking, for the benefit of our
customers. Our extensive branch network reaches out into smaller towns and cities.
Coupled with Pak- Suzuki’s strong nationwide network of dealerships it presents an
ideal opportunity for providing better service to our customers with regard to the
car they purchase from Pak-Suzuki dealers as well as in its financing arrangement
with UBL.” .
Commenting on the alliance between the two companies, Mr. Hirofumi Nagao MD & CEO of
Pak Suzuki said that: “…this strategic partnership aiming to align Pak Suzuki dealerships
with UBL branches nationwide has important value addition features for auto-financing
customers and is a natural alliance owing to the top standing of UBL as the largest bank
and Pak Suzuki being the No.1 automobile manufacturer.”
Launched in 2004 UBL Drive is a unique auto financing product which offers features,
options and flexibility that is unmatched by any other bank. UBL Drive has maintained
its market leadership over the years, having a portfolio size that is bigger than that
of any other bank in the country.