Updated September 28, 2026
What is State Bank of Pakistan?
In short
The State Bank of Pakistan keeps the register of banks and payment service providers, and MCB Bank's compliance reference is the mark that links a firm to it.
Supervision in Pakistan rests with the State Bank of Pakistan, which keeps the register of banks and payment service providers. MCB Bank points at its own entry on its compliance page: BCD (1) 17-66 dated 8th December 1966. The reference is written out as a record rather than a short code, so a reader can hold it against the bank's paperwork. HBL, Mashreq Bank Pakistan, JazzCash and Halan Microfinance Bank sit in the same set, and the same reading applies to each. What the entry settles is whether a firm is supervised. Account fees, the rate paid on a balance and the time a payout waits come from the pricing page instead.
Sources
- mcb.com.pk, checked September 26, 2026