Karachi, July 23, 2025: Pakistan Telecommunication Company Limited (PTCL) and Al Baraka Bank Pakistan Limited have signed an agreement for the provision of primary Data Center colocation services at PTCL’s Tier-III Data Center facility. PTCL will provide Al Baraka Bank Pakistan Limited with a secure and reliable Data Center environment equipped with modern infrastructure, platform solutions, and managed security services.
Asif Ahmad, Group Chief Business Solutions Officer, PTCL and Ufone 4G, and Muhammad Atif Hanif, Chief Executive Officer, Al Baraka Bank Pakistan Limited, signed the agreement during a ceremony held at the Bank’s Head Office in Karachi.
Shahid Sumar, Chief Information Officer, Al Baraka Bank Pakistan Limited, Syed Muhammad Saqib, Head of IT Infrastructure, Al Baraka Bank Pakistan Limited, Basharat Qureshi, Group VP Enterprise, PTCL & Ufone 4G, Sayyed Imran Bukhari, Group VP B2B Strategy, PTCL & Ufone 4G, Saleem Ullah Baig, Group VP DC Ops, PTCL & Ufone 4G, and Umar Farooqi, Group Director Enterprise, PTCL, were also present on the occasion, along with other officials.
During the signing ceremony, Asif Ahmad, Group Chief Business Solutions Officer, PTCL and Ufone 4G, said, “We are pleased to enter a partnership with Al Baraka Bank Pakistan Limited to support them in their information technology and digital transformation vision. As the national carrier of Pakistan, PTCL aspires to be at the forefront of assisting leading organizations in their efforts to adopt cutting-edge technology solutions to drive the national digital agenda.”
On the occasion, Muhammad Atif Hanif, Chief Executive Officer, Al Baraka Bank Pakistan Limited, stated, “We are pleased to sign this agreement with PTCL as our trusted partner for Data Center facility as part of the Bank’s technology transformation strategy. This partnership represents a major step forward in enhancing our infrastructure and strengthening our approach to data and platform management. By leveraging PTCL’s expertise, we aim to improve security, reduce time-to-market, and deliver a digitally empowered financial experience to our customers and partners.”
PTCL continues to deliver best-in-class ICT and security services to organizations across various industries in Pakistan. This agreement reflects the growing momentum in adopting digital solutions that enable a modern, customer-centric banking ecosystem.
