SBP's PSPC completes merger of National Security Printing Company

July 08, 2025 (MLN): Pakistan Security Printing Corporation (Private) Limited (PSPC), a wholly owned subsidiary of the State Bank of Pakistan, has completed the amalgamation of National Security Printing Company (Private) Limited (NSPC) with itself, effective July 1, 2025.

The move consolidates the country’s key security printing operations under one roof, aiming to unlock operational synergies and drive innovation.

Following the merger, all assets, liabilities, rights, obligations, and contracts of NSPC have permanently vested in PSPC, with NSPC dissolved without winding up.

The integration is expected to enhance resource utilisation, streamline processes, and improve coordination in delivering security printing services, including currency and sensitive documents.

PSPC acquired NSPC from the Federal Government as part of a broader strategy to consolidate security printing infrastructure under central oversight.

By merging the entities, PSPC intends to strengthen its ability to deliver secure, high-quality, and technologically advanced products to both public and private sector clients.

PSPC, which is a wholly owned subsidiary of the State Bank of Pakistan, acquired NSPC from the Federal Government.

The acquisition has been carried out in order to achieve operational synergies and enhance value for the customers. This strategic integration will result in improved resource utilization and greater coordination in the delivery of security printing services.

It will also provide an opportunity to serve the customers with better, innovative products.

All stakeholders and customers of NSPC in the public and private sectors will continue to receive the services under the existing arrangements without any disruption.

PSPC remains fully committed to meeting its obligations and looks forward to working with its customers to deliver high-quality products and services.

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