SBP Grants Scheduled Bank Status to Mashreq Bank Pakistan Limited
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MG News | September 16, 2025 at 07:13 PM GMT+05:00
September 16, 2025 (MLN): The State Bank of Pakistan (SBP)
has declared Mashreq Bank Pakistan Limited
as a Scheduled Bank, effective September 15, 2025.
This follows the issuance of a Digital Retail Bank (DRB) license to the institution, under the authority granted to SBP by Section 37(2)(a) of the SBP Act, 1956.
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