STATE TIMES NEWS
SRINAGAR: J&K Bank on Saturday entered into a strategic partnership with Anantnag Central Cooperative Bank (ACCB) to establish a robust cash deposit arrangement for ACCB’s 34 branches. This collaboration is designed to provide cash deposit facility to all Branch of ACCB across the districts of Anantnag, Kulgam, Pulwama, and Shopian.
During the signing ceremony, General Manager (Strategy & IT) Imtiyaz Ahmad Bhat signed the Memorandum of Understanding (MoU) on behalf of J&K Bank formally, while General Manager Intikhab Hussain Deen put in his signatures representing ACCB in presence of senior officers of both the organizations here at the Bank’s corporate headquarters.
Speaking about the collaboration, General Manager ,J&K Bank Imtiyaz Ahmad Bhat said, “This partnership with Anantnag Central Cooperative Bank marks a significant step in fostering the relationship between J&K Bank and ACCB. By leveraging our extensive network and robust infrastructure, we aim to provide seamless cash deposit facility to all Branches of ACCB”
“We are proud to partner with the premier financial institution of J&K and with this tie-up we hope to deliver best value to our customers. The MoU shall help strengthen the bond between the two organizations resulting in a mutually beneficial association”, said General Manager, ACCB Intikhab Hussain Deen on the occasion.
Notably, under this agreement, J&K Bank will offer cash deposit services to ACCB branches at mapped branches.