SBP Grants Scheduled Bank Status to Mashreq Bank Pakistan Limited

MG News | September 16, 2025 at 07:13 PM GMT+05:00

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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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