KARACHI: Mashreq, a leading financial institution in the MENA region, on Monday announced its “successful incorporation” in Pakistan, marking what it called a “significant milestone” in its strategic expansion and underlining its commitment to drive digitization and financial inclusion in high growth markets, Arab News reported.
The announcement came after a high-level Mashreq delegation, including senior members of the executive committee visited Pakistan, along with independent board members Syed Naseer Hassan and Rashid Khan.
“We eagerly anticipate the opportunities to collaborate with local stakeholders and contribute toward a robust digital ecosystem that will transform the country’s financial landscape,” Fernando Morillo, Group Head of Retail Banking at Mashreq, said.
“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. 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 currently has a Center of Excellence (CoE) in Pakistan to deliver a portfolio of innovative products.
“Leveraging its successful incorporation in Pakistan, Mashreq is confident
that its entry into the country will lay the foundation for a fruitful partnership that...
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