Aurangzeb engages with SCB on expanding investment opportunities

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Wednesday held a virtual meeting with Global Head of Corporate & Investment Banking at Standard Chartered Bank (SCB), Sunil Kaushal to discuss expanding investment opportunities in Pakistan.

The meeting was attended by CEO Standard Chartered Pakistan, Rehan Shaikh, Finance Secretary and other senior officers of the Finance Division, according to press release issued by finance ministry.

During the discussion, the minister underscored the positive trajectory of Pakistan’s macro-economic indicators and expressed the government’s commitment to maintaining economic stability through various reforms.

“Our government is dedicated to creating a conducive environment for foreign investments, ensuring that Pakistan remains a competitive and attractive destination for global investors,” Senator Aurangzeb remarked.

The dialogue focused on exploring potential collaborations between the government and Standard Chartered Bank, particularly in sectors such as infrastructure development, digital banking, and sustainable finance.

The Finance Minister assured the delegation of the government’s full support in facilitating their initiatives and expressed optimism about further strengthening the partnership with Standard Chartered Bank.

On the occasion, Kaushal expressed his confidence in Pakistan’s economic outlook and reiterated Standard Chartered’s long-term commitment to the country.

“Standard Chartered views Pakistan as a key market with vast opportunities and we are committed to deepen our engagement with the country by extending all kinds of investment and financial support needed to fulfilling the country’s economic ambitions, in the present as well as the years to come,” he said.

The meeting concluded with both parties agreeing to explore specific investment projects in the coming months.