{"id":107562,"date":"2025-09-17T00:00:00","date_gmt":"2025-09-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/mashreq-rolls-out-commercial-operations-in-pakistan\/"},"modified":"2025-09-17T00:00:00","modified_gmt":"2025-09-17T00:00:00","slug":"mashreq-rolls-out-commercial-operations-in-pakistan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/09\/17\/mashreq-rolls-out-commercial-operations-in-pakistan\/","title":{"rendered":"Mashreq rolls out commercial operations in Pakistan"},"content":{"rendered":"

Our<\/strong> friends<\/strong> at <\/strong>Mashreq <\/strong>have rolled out commercial operations for its full <\/strong>services digital<\/strong> retail bank in Pakistan<\/strong>, marking the bank\u2019s first full-scale international deployment of the platform outside the UAE, according to a press release<\/a>. The lender had so far been operating on a pilot basis since the start of the year, under a restricted license<\/a> from State Bank of Pakistan. <\/p>\n

In the pipeline: <\/strong>Mashreq has pledged USD 100 mn to build out its Pakistan operations by 2025 and is also looking to double its workforce by investing in local talent though Mashreq Global Network Pakistan.<\/span><\/p>\n

To be rolled out: <\/strong>Mashreq Bank Pakistan will provide Mashreq Neo services for retail customers and Mashreq NEOBiz for SMEs. Both are fully digital, mobile-first, and paperless, offering features such as instant onboarding, debit cards, 24\/7 customer access, and zero-fee ATM withdrawals. Pakistani nationals living abroad will also be able to open accounts and send remittances.<\/p>\n

It\u2019s a good time to be in Pakistan:<\/strong> \u201cPakistan holds strategic significance for Mashreq, underpinned by its progressive regulatory framework for digital banking, growing technology adoption, dynamic youth population, and the strong cultural and economic ties that link our nations,\u201d Mashreq CEO Ahmed Abdelaal said. The country\u2019s digital banking offerings are still at a nascent stage, despite strong digital penetration and its booming remittance market. <\/p>\n

We <\/strong>spoke with Mashreq Pakistan CEO<\/a><\/strong>Muhammad Hamayun Sajjad earlier this year<\/a><\/strong>about Mashreq\u2019s strategy and plans in Pakistan, as well as how it plans to navigate the shift to Islamic banking in the country and its target clients.<\/p>\n","protected":false},"excerpt":{"rendered":"

The move marks Mashreq\u2019s first full-scale international deployment of the platform outside the UAE<\/p>\n","protected":false},"author":1,"featured_media":107563,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1618],"tags":[159,7,288,309],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-107562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-banking","tag-enterpriseam-uae","tag-mashreq","tag-pakistan","wpautop","entry"],"acf":{"mongo_id":"160ce240-f9ba-40d9-90f0-3a3c726741e3","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/2659.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Mashreq makes Pakistan its first international digital retail banking market","related_issue":[107550],"teaser":"The move marks Mashreq\u2019s first full-scale international deployment of the platform outside the UAE","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.5ae7f094-160a-4899-a96c-a764d8617df9.mp3"},"yoast_head":"\nMashreq rolls out commercial operations in Pakistan - 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