Habib Bank Limited (HBL) has joined forces with Mastercard to launch exclusive Business Debit Cards tailored for SMEs, marking a key milestone in bolstering financial inclusion for sole proprietors and entrepreneurs. The two-tiered offering includes Classic and World variants, each designed to enhance transactional convenience within Pakistan’s dynamic small business sector.
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The debut comes against the backdrop of SMEs contributing nearly 40% of national GDP and employing one-third of the workforce. Building on its record as the first bank to exceed PKR 100 billion in SME lending, HBL now adds modern payment tools to its support ecosystem.
HBL’s CEO highlighted the initiative’s significance: “Equipping businesses with fast, reliable payment solutions strengthens the SME sector and aligns with national economic stability. Today’s launch represents a natural evolution from financing to enabling digital payments.”
Mastercard’s regional leadership underscored the alignment of their joint vision: “Small businesses drive economies, and this partnership cements our shared goal of expanding digital freedom for Pakistan’s enterprises.”
Designed to serve business needs seamlessly—covering daily expenses, online transactions, and international payments—the new Business Debit Cards reflect HBL’s mission to empower SME growth and fuel Pakistan’s journey toward a digital-first economy.
