Press Release Published April 3, 2026 Updated about an hour ago ISLAMABAD: The Securities and Exchange Commission of Pakistan has signed Memoranda of Understanding (MoUs) with Askari Bank Limited and NayaPay to make it easier and faster for companies to open corporate bank accounts. Under this arrangement, once a company is registered with SECP, its directors will get an online option to open a bank account in a bank of their choice. There will be no need for lengthy manual processes. SECP’s eZfile system will be connected with the systems of partner banks through a secure digital link. This will allow instant verification of company data. As a result, companies will be able to open bank accounts quickly with less documentation and fewer delays. The MoU was signed by Commissioner SECP Muzzafar Ahmed Mirza, Askari Bank’s Group Head Retail Banking Shaikh Raashed Rauf, and NayaPay’s CEO Danish Ahmad Lakhani. The ceremony was attended by SECP Chairperson Dr Kabir A Sidhu, President Askari Bank Zia Ijaz, and senior officials. This step is…