FID is a support, as well as profit generating center of the bank. In FID, we maintain relationships with major financial institutions around the globe, to process all our trade transactions, remittances and payments. We enjoy strong banking relationships, considering our customer base, vis-a-vis trade finance which is growing rapidly. We are committed to understanding business needs and delivering the services required.
The blend of Bank Makramah Limited (BML), formerly known as SMBL, specially designed trade products, with a team of trade staff having extensive expertise & experience in their specialized areas of trade finance, adds great value to the customers’ interest, in terms of improved trade cycles. It also facilitates efficient management of cash flows and flexibility with quick turnaround time for the processing of transactions.
BML, a growing commercial bank of Pakistan, listed on Pakistan Stock Exchange, in a very short span of time has expanded its network across the country with 193 real-time and online branches and 215+ ATMs.
We have a dedicated Financial Institutions Division (FID) team looking after correspondent relationships and ensure provision of complete international banking solutions to our correspondents across the world. Catering diversified requirements of corporate, commercial and retail clients’ global import and export needs efficiently in risk averse manners.
Further, the ever-increasing correspondent banking arrangements with over 550+ SWIFT RMAs at present with financial institutions globally to serve to handle all kinds of transactions.