Pakistan, Oct. 18 -- Karachi, Pakistan - Astrik, in partnership with Grant Thornton, has officially signed an engagement letter with JS Bank to develop and implement a comprehensive IFRS 9-compliant Expected Credit Loss (ECL) and Effective Interest Rate (EIR) automation system. The signing ceremony took place at JS Bank's head office in Karachi, marking a major milestone in Astrik's continued efforts to lead financial digital transformation initiatives across Pakistan's banking sector.

In attendance were Basir Shamsie, President & CEO JS Bank; Adeel Ehtesham, CFO JS Bank; Noman Soomro, Chief of Staff JS Bank along with the senior management of JS Bank; Khurram Jameel, Partner Grant Thornton along with other senior GT team members; and Sh...