Lahore, March 24, 2025 – MCB Bank Limited, one of Pakistan’s leading financial institutions, has announced a strategic collaboration with Fauree Tech Pvt. Ltd., a fintech company specializing in digital supply chain finance solutions.
This partnership is set to transform access to financing for small and medium-sized enterprises (SMEs) across the country.
The agreement was formalized at MCB Bank’s Head Office in Lahore, where senior executives from both organizations were present. Through this collaboration, MCB Bank aims to enhance its digital financing portfolio, offering innovative solutions that streamline financial processes, optimize working capital, and improve cash flow management for SMEs.
By leveraging Fauree Tech’s advanced digital platform, MCB Bank’s corporate clients and SME partners will gain access to seamless supply chain financing solutions. These digital tools will enable businesses to efficiently manage transactions, reduce operational delays, and enhance financial stability, fostering economic growth in Pakistan.
Muhammad Nauman Chughtai, President & CEO of MCB Bank Limited, emphasized the significance of this initiative, stating:
“This partnership with Fauree Tech aligns with our mission to drive digital transformation in Pakistan’s financial sector. By integrating cutting-edge financing solutions, MCB Bank is committed to empowering SMEs with the financial tools they need to grow, while ensuring operational efficiency and regulatory compliance.”
Azhar Tasadduq, CEO of Fauree Tech, highlighted the importance of supporting SMEs, saying:
“SMEs are the backbone of Pakistan’s economy, and access to timely financing is crucial for their sustainability. Our collaboration with MCB Bank will provide businesses with secure, digital-first financial solutions that drive efficiency and unlock new growth opportunities.”
This partnership underscores MCB Bank’s dedication to innovation and its ongoing commitment to supporting SMEs with modern, technology-driven financial solutions. In alignment with the State Bank of Pakistan (SBP) vision, the collaboration is expected to strengthen digital supply chain financing, making financial services more accessible and efficient for businesses across the country.
With this step, MCB Bank continues to reinforce its position as a frontrunner in digital banking, offering forward-thinking solutions that cater to the evolving needs of Pakistan’s business landscape.