Another Successful Installation of 55 units of MTN-Pro 3 kVA with 16 hours’ Backup for HabibMeto (Pakistan)

  In early 2015, our Pakistan distributor, MIF had successfully installed MTN-Pro 3 kVA (3 kVA, Online) with 16 hours’ backup for 22 HabibMetro branches in Pakistan.   Recently, HabibMetro had granted another 33 branches’ sites for EPI UPS.   These MTN-Pro 3 kVA are supporting their branches’ ATM, DVR, and Network equipments.   “EPI UPS are supporting Bank Alfalah, Bank Islami, Meezan Bank, Habib Metropolitan Bank & NIB Bank in Pakistan for the last 2 years, through MIF” said Iftekhat, Regional Area Manager for Pakistan.   About the Bank:   HabibMetro, commencing operations in 1992, is listed on all three bourses of Pakistan. The bank is a 51% owned subsidiary of HBZ. HBZ, incorporated in Switzerland in 1967, having a network of 253 branches (CY12: 219) spread across nine countries, is owned and managed by the Habib family. HBZ has four fully owned subsidiaries – Habib European Bank, Habib Canadian Bank, HBZ Bank Limited (South Africa), and HBZ Services FC-LLC and the majority owned (each 51%) HMB and HBZ Finance Ltd (Hong Kong). At end-Dec13, the group’s equity stood at ~CHF 1bln (USD1.13bln) with a very strong CAR at the group level. HabibMetro has a nationwide network of 214 branches/sub-branches spread over 49 cities with concentration in Karachi and Lahore.