Mashreq, one of the leading economic organizations in the Middle East and North Africa (MENA) is all pack to commence digital banking processes in Pakistan with the investment of a Digital Banking license, under the Digital Regulatory Framework handed out by the State Bank of Pakistan (SBP), declared a press statement published by the bank.
This paves the path for Mashreq to steer in a squad of bankers and architects with multicultural knowledge as well as its proven Neo banking capacities and world-class technology to deal with the evolving consumers’ necessities in Pakistan.
Mashreq’s intention is to bring its digital expertise to Pakistan and further the interests of the SBP in the digital arena. With the commencement of digital banking operations, Mashreq will usher in a team of bankers and engineers with multicultural experience as well as its proven Neo banking capabilities and world-class technology to address the evolving customers’ needs in Pakistan.
With over five decades of expertise, Mashreq is one of MENA’s best-performing banks with an expanding presence in Europe, Asia, and the US. Mashreq has always considered Pakistan to be an attractive financial destination owing to the unprecedented growth and turnaround of the country’s banking sector in recent years.