Mobilink Microfinance Bank Guarantees Full-Time Employment for All Contract Employees

Pakistan's largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has announced the conversion of all of its bank contract employees to full-time employees (FTEs) in different phases. Under the policy change, contractual employees will be habilitated to permanent employees in phases, subsequently getting medical insurance for them as well as their families.

Ghazanfar Azzam, President & CEO, MMBL said: "Changes in the FTE policy come at the right time as the rising inflation has restricted everyone's buying power. The Bank is cognizant of the difficulties faced by its employees and strives to enable them to manage their expenses without affecting their savings. This initiative ensures MMBL's commitment to employees' financial inclusion alongside its customers and communities."

MMBL has been providing financial services across Pakistan since 2012. It aims to take banking away from the confines of limited brick and mortar structures.

Source: Business Recorder