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Mashreq Bank Secures License to Empower Unbanked in Pakistan

2/23/2025

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Summary

Story summary

Mashreq Bank Pakistan has secured a digital retail banking license from the State Bank of Pakistan, unlocking the potential to harness artificial intelligence and cloud computing. This groundbreaking move aims to deliver tailored, affordable financial services to the country's vast unbanked population of around 100 million adults, with a special focus on empowering women.

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Story summary

Mashreq Bank Pakistan has secured a digital retail banking license from the State Bank of Pakistan, unlocking the potential to harness artificial intelligence and cloud computing. This groundbreaking move aims to deliver tailored, affordable financial services to the country's vast unbanked population of around 100 million adults, with a special focus on empowering women.