Dubai’s Mashreq to launch digital banking in Pakistan

Dubai’s Mashreq to launch digital banking in Pakistan

A delegation from Mashreq, including senior members of the executive committee, had visited Pakistan to mark the milestone. It included independent board members Syed Naseer Hassan and Rashid Khan.

"Our foray into Pakistan is a pivotal moment for Mashreq, marking a new chapter in our strategic expansion," said Fernando Morillo, Group Head of Retail Banking at Mashreq. "We eagerly anticipate the opportunities to collaborate with local stakeholders and contribute towards a robust digital ecosystem that will transform the country's financial landscape.

We are committed to playing a vital role in the country's digitization efforts and financial development, particularly in the sectors of SME, payments, and inclusion. - Fernando Morillo of Mashreq

"The bank's tech-ready infrastructure, coupled with its digital DNA, will be leveraged to empower customers in the market, meet their evolving needs, deliver seamless banking experiences and support the country's vision of a financially inclusive, digitally led economy.”

Mashreq already has a Centre of Excellence (CoE) in Pakistan.