Mashreq Pakistan, a subsidiary of the UAE’s Mashreq Bank, has secured a restricted license from the State Bank of Pakistan (SBP) to commence pilot operations as a digital retail bank in the country.

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This milestone highlights Mashreq’s commitment to driving financial ...

Mastercard has signed a multi-year strategic agreement with Mashreq to support its launch as a digital bank in Pakistan. Mashreq Pakistan, part of leading financial institution in the MENA region, ...

In January, the State Bank of Pakistan issued no-objection certificates (NOCs) to the establishment of five digital banks in Pakistan, part of the SPB’s newest initiative to boost both financial ...

As more banks in the Middle East invest in their digital transformations, the largest banks in the region are competing to develop new digital products and services. Yet few banks in the region come ...

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Mashreq, a leading financial institution in the MENA region, has announced the launch of a groundbreaking cross-border service for its UAE-based Pakistani customers. For the first time, the bank’s ...