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

To contact the editor responsible for this story: Tim Smith at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.