21 July 2013 – Mahvash and Jahangir Siddiqui Foundation and Sajjad Foundation (Singapore) sponsored students for a Summer Program at the National University of Singapore (NUS)

The Mahvash and Jahangir Siddiqui Foundation representatives met with the students on their return from the NUS Summer Program on Economic and Enterprise Development. These fifteen students were selected after extensive interview sessions from universities nationwide.
This was a two week summer program being held at the National University of Singapore (NUS) with the students from Pakistan being the 2nd largest group being represented. This year’s program hosted a large multicultural and diverse community of over 60 students from 12 countries, providing an excellent opportunity for participants to learn about Singapore: how the smallest nation in Southeast Asia has progressed into a modern city-state and has grown into a thriving centre of commerce and industry. These students also get an opportunity to learn about creative and innovative ideas to start their own business in future and be an entrepreneur.
The students were also hosted by the High Commissioner of Pakistan in Singapore and the event was attended by the leading Pakistani businessmen and professionals residing in Singapore to support the initiative undertaken by Mahvash & Jahangir Siddiqui Foundation and Sajjad Foundation. The Pakistani students excelled in their work and were highly appreciated by National University of Singapore Faculty and other participants for their valuable participation to enhance the overall learning among all.
This is the 6th year Mahvash and Jahangir Siddiqui Foundation and Sajjad Foundation (Singapore) have been running the NUS Summer program on Economic and Enterprise Development as a continuous effort in making investments into various education initiatives in Pakistan. These Foundations sponsor the cost as their endeavor to invest in education and to initiate and encourage entrepreneurship in the youth of today.

9 July 2013 – JS Bank in collaboration with WWF launches tree plantation campaign

JS Bank has launched a tree plantation campaign at Jinnah International Airport Karachi in collaboration with World Wide Fund (WWF) to bring additional shade and relief for its passengers and visitors. JS Bank being one of the fastest growing banks in the country, has always strived to benefit this country and its citizens through various green initiatives leading to an environmentally sustainable planet, converting its branches to Solar, indulging in various philanthropic activities through its charitable arm, Mahvash & Jahangir Siddiqui Foundation to supporting tree plantations. It is our principal understanding that we must contribute back to our country which has given us so much. It is our belief that trees are our national assets and must be protected at all costs as they play a vital role in maintaining ecological balance, keeping the environment clean and induce rainfall. This can be achieved by plantation of trees which not only beautify our surroundings but also provide a sense of happiness and strength to our people. JS Bank is one of the fastest growing and most performance driven banks in Pakistan with a branch network of over 185 branches in 100 cities of the country. It is part of the JS Group, one of Pakistan’s largest and most prominent business entities. JS Bank is a full service bank providing its customers with a wide range of products and services to fulfill their needs for quality banking and financial services.

6 July 2013 – Mahvash and Jahangir Siddiqui Foundation and Sajjad Foundation (Singapore) sponsor students for a Summer Program in National University of Singapore (NUS)

The Mahvash and Jahangir Siddiqui Foundation representatives met with the students prior to their NUS Summer Program on Economic and Enterprise Development. These 15 students were selected after extensive interview sessions from universities nationwide.
This is a two weeks summer program being held at the National University of Singapore (NUS).This program hosts undergraduate students from universities in various parts of the world and is an excellent opportunity for participants to learn about Singapore: how the smallest nation in Southeast Asia has progressed into a modern city-state and has grown into a thriving centre of commerce and industry. These students will also get an opportunity to learn about creative and innovative ideas to start their own business in future.
This is the 6th year Mahvash and Jahangir Siddiqui Foundation and Sajjad Foundation (Singapore) have been running the NUS Summer program on Economic and Enterprise Development as a continuous effort in making investments into various educational initiatives in Pakistan. These Foundations annually sponsor the entire cost of the Pakistani students at this program as their endeavor to invest in education and to initiate and encourage entrepreneurship among the youth of today.
The Mahvash and Jahangir Siddiqui Foundation is a non-profit organization that has been working towards healthcare, education and social enterprise through sustainable development to underprivileged members of society with a special focus on women, minorities, children and disabled individuals. Foundation goal is to promote economic development and to enhance the dignity and quality of life of individuals, families and communities by eliminating barriers to opportunity and helping people in need reach their fullest potential.

19 June 2013 – JS Bank Goes Solar

After saving your money for years, JS Bank is now saving energy for you. JS Bank has been at the forefront of innovative solutions that provide unparalleled convenience. Continuing in this pioneering spirit, JS Bank has initiated a Go Green drive converting the Dhoraji branch in Karachi to solar power. That means all computers, servers; ATM and teller stations are now powered by solar energy. This is the first of many such planned branch conversions across the nation and we hope with each initiative to help Pakistan in its energy crisis.  To that end, we will always strive to set the path for others so we can all prosper together – today and tomorrow. JS Bank is one of the fastest growing and most performance driven banks in Pakistan with a branch network of over 185 branches in 100 cities of the country. JS Bank is part of the JS Group, one of Pakistan’s largest and most prominent business entities.  JS Bank is a full service bank providing its customers with a wide range of products and services to fulfill their needs for quality banking and financial services.

29 March 2013 – JS Bank recognized for its CSR Activities by NFEH

JS Bank has been recognized for its Corporate Social Responsibility efforts by the National Forum for Environment and Health (NFEH) at the CSR Business Excellence Awards 2013. JS Bank received its award in the category of Social Impact.

The 5th international summit on CSR 2013 was organized by National Forum for Environment (NFEH) with the support of United Nations Environment Program, Karachi Chamber of Commerce & Institute of Cost and Management Accountants of Pakistan, at a local hotel. Mr. Kalim ur Rahman, CEO – JS Bank received the Award on behalf of the Bank.
The award recognizes the positive social impact JS Bank has had through its community programs in the areas of health, education, sustainable development and relief efforts across the country. JS Bank conducts its CSR activities through the charitable arm of JS Group, Mahvash & Jahangir Siddiqui Foundation. Over the years the initiatives led by Mahvash & Jahangir Siddiqui Foundation have touched and improved lives of numerous Pakistanis. The award marks the recognition of JS Bank’s belief in paying back to the community at large. It is said that many national and international organizations had submitted their nominations, out of which JS Bank was selected through a judges’ panel for being the best in overall social impact its initiatives have had across a broad range of segments.
JS Bank is considered amongst the fastest growing banks within the Pakistan’s banking landscape with the support of its vast experienced management. The Bank now has an online network of 185 branches and presence in over 100 cities across Pakistan. In its unrelenting effort to provide high quality products and services, JS Bank continues to pursue the path of innovation and excellence. Please visit www.jsbl.com for more information.

25 January 2013 – JS Bank Hosts ICFJ Delegation

A delegation of US based journalists from International Centre for Journalists (ICFJ) were hosted by Mr. Kalim ur Rahman – CEO, JS Bank at a local hotel. Their visit to Pakistan has been organized as part of the US – Pakistan Professional Partnership in Journalism Forum to enhance the exchange of views between the two nations and to help formulate a softer opinion of each other in the media of their respective countries.

Welcoming the delegation, Mr. Imran Shaikh, Head of Marketing, JS Bank spoke on the occasion to appreciate the efforts of the delegation to strengthen the existing ties between the countries.

Mr. Kalim ur Rahman – CEO, JS Bank stated that this is a important milestone in the history between United States of America and Pakistan to pave the way to a better understanding of each other’s culture and complexities involved to improve the existing relationship. Pakistan has immense potential and there is a need to ensure that all the positive news should also be highlighted in the right circles around the world.

Participants on both sides will have opportunities to report on their experiences in each country, which will help to educate their audiences and dispel myths and misperceptions that people carry in each country about residents of the other.  The event was attended by political, business, media and civil society leaders along with Bureaucrats.

JS Bank is one of the fastest growing and most performance driven banks in Pakistan with a branch network of over 185 branches in 100 cities of the country. JS Bank is part of the JS Group, one of Pakistan’s largest and most prominent business entities.

9 January 2013 – JS Bank and CRPL sign agreement

In line with its continuous efforts to bring its customers a broad range of banking services, JS Bank has signed an agreement with Computer Research (Pvt.) Ltd. (CRPL) for purchasing a state of the art Cash Management Solution.The agreement was signed recently by Mr. Kalim-ur-Rahman, President and CEO – JS Bank and Mr. Khalid Jamil Shamsi, CEO – CRPL at the JS Bank Head Office in Karachi.

Speaking at the signing ceremony, Mr. Kalim-ur-Rahman, said, “The launch of the Cash Management Solution (CMS) by JS Bank is an opportune decision in line with our growth strategy. The CMS will enable its corporate customers to manage their cash flows efficiently and in a hassle free manner, thereby improving their financial management and giving them more time to focus on their core business”.

The Cash Management Solution will enable the bank to offer a wide array of payments and collections services to its customers through the internet banking platform and a growing network of branches across the country.

JS Bank is one of the fastest growing and most performance driven banks in Pakistan with a branch network of over 185 branches in 100 cities of the country. JS Bank is part of the JS Group, one of Pakistan’s largest and most prominent business entities.  JS Bank is a full service bank providing its customers with a wide range of products and services to fulfill their needs for quality banking and financial services.

6 December 2012 – JS Bank and InfoTel Pakistan sign agreement

JS Bank Limited, one of the fastest growing and most dynamic banks in Pakistan has recently inked a new strategic partnership with InfoTel Pakistan one of the leading cards services provider in the market and a partner of Thales e-Security Solutions.

To launch this new partnership, an agreement was signed by Mr. Kalim-ur-Rahman, President and CEO of JS Bank, and Mr. Riaz Siddiqui, Managing Director, InfoTel at the Head Office of the Bank in Karachi. The signing ceremony was attended by members of the management teams of both organizations, regional representatives of Thales as well as His Excellency Mr. Christian Ramage, the Consul General of the French Republic in Karachi.

Under the new agreement, JS Bank will enable its systems to offer its customer EMV compliant cards in both Debit and Credit categories thereby providing them with a cutting edge global standard of heightened security and increased functionality. Furthermore by complying to EMV, JS Bank will have a competitive advantage of issuing cards on the global platform of Java, thereby enabling them to be better equipped to offer more features and services in the days ahead.

Speaking at the signing ceremony, Mr. Kalim-ur-Rahman, President and CEO, JS Bank stated, “Credit and Debit cards are now a staple in customers’ lifestyle thereby making them the most visible face of any bank. By signing this agreement we are ensuring that we partner with a leading player to provide our customers with a heightened level of convenience, functionality and most importantly of security. Through this agreement we wish to ensure that we remain ahead in the race to provide our customers the best card products that complement their lifestyles both in Pakistan and around the world”.

Commenting on the new vistas opened as a result of the new partnership agreement, Mr. Riaz Siddiqui, Managing Director, InfoTel stated, “We will deliver the world’s best EMV technology i.e. Thales P3 which will provide customers with the highest possible security and the ability to add new applications during the cards lifetime and also prevent the bank from malicious activities”.

30 November 2012 – Acumen Fund and JS Host Selection Conference

Acumen Fund, a pioneering nonprofit global venture firm addressing poverty across Africa and in South Asia, held a selection conference today in Karachi as part of the process to identify the inaugural class of Pakistan Fellows. In partnership with JS Bank, Mahvash & Jahangir Siddiqui Foundation and the Edmond de Rothschild Foundations, Acumen is working to develop the next generation of social change leaders who are building innovative businesses and strong institutions across Pakistan.

The first cohort of Acumen Fund Pakistan Fellows will include 20 individuals who are actively driving social change initiatives in Pakistan to participate in the year-long fellowship. Fellows then directly apply learnings from the fellowship to the work they are doing as social entrepreneurs and leaders within the private, NGO and government sectors.

“This new program is designed to support a new generation of Pakistani leaders who see opportunities where others see only challenges,” said Farrukh Khan, Country Director, Acumen Fund Pakistan. “It is invigorating to see the amount of interest we have received, both in number and quality of applicants from across Pakistan. We are grateful for the overwhelming support from our partners and local communities. Through this collaboration, we are broadening the community of leaders with financial skills, operational excellence and moral imagination to address pressing social and leadership issues faced by Pakistan today..”

The year-long program is comprised of four multiday seminars and two collaborative projects – a regional trip and an innovation conference. The seminars will give Fellows access to world-class speakers, trainers, and mentors who allow Fellows to deepen their skills in leadership, social change, and innovation. The Fellows also have the opportunity to travel within Pakistan to broaden their understanding of social change models. The innovation conference is meant to be a chance for Fellows to put into practice their new skills, as well as provide a platform to showcase their projects to a larger community of leaders.
“We at Mahvash & Jahangir Siddiqui Foundation and JS Bank believe that the path to a better society comes from investing in its leaders,” stated Ali J. Siddiqui, CEO, Mahvash & Jahangir Siddiqui Foundation. “Keeping in view the enthusiasm shown by the number of excellent applications received, it shows the hunger and the desire among the many talented people of this nation to seek ways to improve the prevailing conditions and challenge the existing status quo. It is our belief that the Pakistan Fellows Program will pave the road to a brighter future of this country by providing the tools and the knowledge required to develop the new generation of Pakistani leaders”.
The Pakistan Fellows program is just one part of Acumen’s investment in leadership and community of the Acumen Fund alumni network. The East Africa Regional Fellows Program is in its second year and just held its selection conference last week. Acumen intends to launch similar Regional Fellows Programs in India and West Africa in the coming years.

For additional information on Acumen’s Regional Fellows Programs, please visit www.acumenfund.org or contact Sabina Ansari atsansari@acumenfund.org.

26 November 2012 – JS Bank and ALLIANZ

JS Bank Limited, one of the fastest growing and most dynamic banks in Pakistan has recently inked a new strategic partnership with Allianz EFU, the leading health insurance provider in Pakistan.

To launch this new partnership, an agreement was signed by Mr. Kalim-ur-Rahman, President and CEO of JS Bank, and Mr. Taher G. Sachak, Vice Chairman, Allianz EFU, at the Head Office of the Bank in Karachi. The signing ceremony was attended by members of the management teams of both organizations.

Under the new partnership agreement, JS Bank will offer customers the health insurance products of Allianz EFU at all its branches which number over 160 in over 80 cities across Pakistan. The very first of these products is titled “SehatSarmaya”.  It is an inpatient hospitalization health insurance plan for the entire family and covers a whole gamut of health insurance concerns ranging from OPD expenses to hospitalization. The plan offers a wide variety of coverage options to the customers. It has flexible pricing, thereby ensuring that it can meet the needs of all types of customer segments.
Speaking at the signing ceremony, Mr. Kalim-ur-Rahman, President and CEO, JS Bank stated, “the launch of this new initiative between JS Bank and Allianz EFU is a partnership that has great promise. Both Allianz EFU and JS Bank have a vision of providing innovative products to their customers which are beyond what is ordinarily available in the market. The launch of SehatSarmaya is just the first of these products in our comprehensive bancassurance suite which includes a multitude of options including life insurance as well as investment plans. In time, I look forward to more products from Allianz EFU further enriching the suite of products which we can provide to our rapidly growing customer base across Pakistan”.

Commenting on the bright prospects of the new partnership agreement, Mr. Taher G. Sachak, Vice Chairman, Allianz EFU elucidated, “The launch of SehatSarmaya is a well-timed product launch for JS Bank as the rising cost of healthcare is becoming a concern for all major consumer segments. Being Pakistan’s leading health insurance provider, Allianz EFU is best positioned to provide impeccable service to JS Bank’s growing customer base across Pakistan through a wide range  of leading healthcare establishments as well as a broad network of practitioners. Added to that is the flexibility in the product which makes it possible for all types of customer segments to customize their healthcare plans in line with their needs and budgets”.