Mashreq and Systems Limited Expand Strategic Partnership to Advance Digital Banking
Systems Limited and Mashreq have announced the renewal and expansion of their strategic technology partnership, reinforcing a shared commitment to accelerating digital transformation across Pakistan’s banking sector. This milestone marks two years of collaboration and reflects the high-impact outcomes achieved through the engagement of Systems Limited’s dedicated technology teams.
Originally launched as part of Mashreq’s broader technology modernization program, the partnership has enabled the bank to access top-tier engineering talent and execution capabilities from Pakistan through Systems Limited. The renewed engagement ensures continuity and scalability for Mashreq’s digital initiatives, while further institutionalizing the partnership between two regional leaders in banking and technology.
Speaking on Mashreq’s continued investment in digital transformation, Hamayun Sajjad, CEO – Mashreq Pakistan, commented, “At Mashreq, we take a deliberate and design-led approach to digital transformation. Our partnership with Systems Limited is not just about outsourcing, it is a strategic alignment of capabilities. We have seen first-hand how the outsourced team, embedded into our delivery structure, have enabled faster execution and enhanced agility across critical initiatives. As we expand this engagement, we are equally committed to deepening the Pakistan-UAE technology corridor, and to nurturing talent that meets the demands of next-generation banking.”
Celebrating two years of collaboration, the expanded partnership highlights the operational excellence of the teams involved and the broader potential of Pakistan as a trusted technology delivery hub for the region.
Asif Peer, Group CEO and Managing Director – Systems Limited, added, “Our relationship with Mashreq exemplifies the impact of long-term, trust-based partnerships. Over the past two years, we have delivered consistently across key programs, and we are proud that Mashreq continues to place its confidence in our teams. This renewal reinforces our commitment to delivering globally competitive talent and solutions from Pakistan, and to enabling the financial services sector through innovation and scale.”
For Mashreq, the engagement continues to deliver tangible and strategic benefits. By embedding Systems Limited’s high-performing technology teams into its delivery structure, the bank has gained reliable access to skilled talent that can be scaled based on business demand. This has translated into faster execution across digital programs, reduced development lead times, and enhanced agility in responding to evolving customer and regulatory needs. The partnership has also strengthened Mashreq’s ability to experiment, iterate, and launch innovative solutions without compromising on quality or compliance.
For Systems Limited, the renewal of this partnership is a significant validation of its capability to serve as a trusted technology partner to globally recognized financial institutions. It reinforces the firm’s position as a frontrunner in banking technology services and highlights the credibility, consistency, and export readiness of Pakistan’s IT industry. As demand for digital expertise continues to rise across the GCC, the success of this collaboration sets a compelling precedent for future cross-border technology engagements.
What began as a focused outsourcing engagement has evolved into a blueprint for regional technology collaboration, one that delivers measurable impact, builds institutional capability, and showcases the strength of Pakistani talent on a global stage. As Mashreq deepens its digital ambitions in Pakistan and beyond, partnerships like this will continue to play a pivotal role in shaping the next chapter of banking innovation across the region.
