Intel, Pakistan Bank to Offer Loans for Computers, FT Reports
Intel Corp. (INTC) is working with Meezan Bank Ltd. (MEBL), a Karachi-based Islamic bank, to offer consumers Pakistan’s first large-scale hire purchase plan for personal computers, the Financial Times reported, citing Naveed Siraj, Intel’s country manager for Pakistan. The company is considering expanding the payment system to other emerging markets, the FT said.
To contact the reporter on this story: Victoria Batchelor in Sydney at firstname.lastname@example.org
To contact the editor responsible for this story: Tim Smith at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.