Faysal Islami introduces hotel booking services in partnership with Ascendant

10:45 PM | 21 Jun, 2022
Faysal Islami introduces hotel booking services in partnership with Ascendant

KARACHI: Faysal Bank, in partnership with Pakistan’s largest hospitality technology company – Ascendant, has launched a hotel booking platform for its customers that enables them to conveniently book hotels online through their website.

The website offers 1600+ hotels and guest houses in 50 cities across Pakistan. This initiative by Faysal Islami, a leading Islamic Bank of Pakistan and winner of Best Islamic bank for Transformation and innovation at the Global Islamic Finance Awards (GIFA), marks an integral step toward the promotion of domestic tourism. In addition, the bank also plans to introduce international hotels to this service to facilitate customers who wish to travel abroad.

Speaking on the occasion of the launch ceremony, Mr. Aneeq Malik, Group Head of Consumer Finance and Payment Services at Faysal Bank said: “We always aim to bring the best banking services to our customers at their fingertips. Faysal Bank has always believed in innovation and digitisation of services for the ease of customers. With Ascendant by our side, our customers can now not only check the rates of any hotel rooms across Pakistan but also book the hotel and pay online using their bank accounts, debit, or credit cards through our website.”

CEO of Ascendant, Mr. Andre Privateer said: As the only hospitality tech provider able to offer real-time rates and availability at more than 80% of Pakistan’s hotels, we serve the tourism sector by making the online booking experience better for the consumer. Through this strategic alliance with Faysal Bank, individuals can now book and pay with ease through this platform on Faysal Bank’s website and soon to be launched on their mobile app as well.”

Head of Unsecured Business and Payment services Faysal Bank, Mr. Feroz Khan further added: “This business alliance is a testimony of our commitment to our customers. We at Faysal Bank, continue to strive to build loyalty by offering innovative products and benefits for our valued customers. This collaboration aims to make travel and tourism across all corners of Pakistan more accessible for our customers.”

Faysal Bank is one of the most progressive Islamic banks in Pakistan and has concentrated on growth through improving service quality, investing in technology, and people, and utilising its extensive growing Islamic branch network.

Ascendant is a specialised hospitality technology company revolutionising the tourism landscape in Pakistan by unlocking exceptional value for travel suppliers and customers.

Daily Pakistan Global Web Desk


Currency Rates Today - Pakistani Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 25 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 25, 2024 (Thursday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279 for buying and 280.75 for selling. Euro's buying rate moved up to 301.75 and selling rate is 303.85.

British Pound rate is 356 for buying, and 360.25 for selling. UAE Dirham AED was at 76.65 and Saudi Riyal hovered at 73.90.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279 280.75
Euro EUR 301.75 303.85
UK Pound Sterling GBP 356 360.25
U.A.E Dirham AED 76.65 77.4
Saudi Riyal SAR 73.90 74.63
Australian Dollar AUD 184.95 186.75
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.65 205.65
China Yuan CNY 38.4 38.8
Danish Krone DKK 40.15 40.55
Hong Kong Dollar HKD 35.75 36.05
Indian Rupee INR 3.33 3.43
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202.4 204.4
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.55 7.7


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