Pakistan Seals Historic Rs1.225 Trillion Syndicated Financing to Address Power Sector Circular Debt
Pakistan has secured a historic Rs1.225 trillion syndicated financing deal with 18 banks to tackle circular debt, restructure legacy loans, and inject fresh capital into the power sector with a dedicated surcharge mechanism.
PBA Welcomes Mashreq Bank’s Commercial Launch in Pakistan, Strengthening Investor Confidence and Banking Innovation
Pakistan Banks’ Association (PBA) hosted a reception to mark Mashreq Bank’s commercial launch in Pakistan, highlighting investor confidence and a commitment to SME growth, agri finance, and digital inclusion.
Mashreq Bank’s Digital Launch Signals Global Confidence in Pakistan’s Economy: PBA
The Pakistan Banks Association hailed the launch of Mashreq’s digital retail bank in Pakistan as a sign of international trust, highlighting the sector’s tax contributions, digital reforms, SME financing, and social impact.