# HSBC Pakistan

> Source: https://docs.barcoder.ai/docs/wallets/hsbc-pakistan
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [HSBC Pakistan — official](https://www.hsbc.com.pk/)

## Overview

**HSBC Pakistan** is **Pakistani commercial bank** + **HSBC Holdings UK parent LSE: HSBA + SEHK: 5 + NYSE: HSBC subsidiary** + **HSBC Pakistan retail + corporate banking** + **closed retail operations 2015 + corporate banking operations continued** <sup>[1][1], [Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup>.

## History

**1948 — Hongkong and Shanghai Banking Corporation Pakistan branch opens by HSBC Holdings UK parent** distinctive Pakistani banking heritage.

**2015 — HSBC Pakistan retail operations sold to Meezan Bank + corporate banking operations continued**.

**2014 — HSBC Pakistan mobile banking app launch (pre-2015 retail exit)**.

## Ownership & operator

**Operating entity**: **HSBC Bank Middle East Limited Pakistan** (Pakistani commercial bank; HSBC Holdings UK parent fully owned).

**Major shareholders**: **HSBC Holdings plc (LSE: HSBA + SEHK: 5 + NYSE: HSBC; UK-headquartered global banking group) fully owned**.

**Regulators**: **SBP State Bank of Pakistan**.

## Technical integration

HSBC Pakistan mobile app (iOS + Android pre-2015 retail exit) + hsbc.com.pk online + HSBC Pakistan corporate banking + investment banking continued post-2015 retail exit; PK IBAN + Raast + Pak-QR.

## Implementations & partners

**HSBC parent**: [HSBC UK Mobile Banking + First Direct](https://docs.barcoder.ai/docs/wallets/hsbc-uk) (HSBC UK; LSE: HSBA + SEHK: 5 + NYSE: HSBC; UK-headquartered global banking group) + [HSBC Hong Kong (PayMe + HSBC HK App)](https://docs.barcoder.ai/docs/wallets/hsbc-hong-kong) (HSBC Hong Kong) + [HSBC UAE](https://docs.barcoder.ai/docs/wallets/hsbc-uae) (HSBC UAE; HSBC Middle East regional headquarters in Dubai).

**Major Pakistani banking + payments competitors**: [Habib Bank Limited (HBL)](https://docs.barcoder.ai/docs/wallets/habib-bank-pakistan) (HBL Habib Bank; PSX: HBL; Pakistan's largest commercial bank by assets) + [UBL United Bank Limited Pakistan](https://docs.barcoder.ai/docs/wallets/ubl-pakistan) (United Bank Limited UBL; PSX: UBL) + [MCB Bank Pakistan](https://docs.barcoder.ai/docs/wallets/mcb-pakistan) (MCB Bank; PSX: MCB) + [Allied Bank Limited Pakistan](https://docs.barcoder.ai/docs/wallets/allied-bank-pakistan) (Allied Bank Limited; PSX: ABL) + [Meezan Bank](https://docs.barcoder.ai/docs/wallets/meezan-bank) (Meezan Bank; PSX: MEBL; Pakistan's largest Islamic bank by assets; HSBC Pakistan retail acquirer 2015) + [Askari Bank](https://docs.barcoder.ai/docs/wallets/askari-bank) (Askari Bank Limited; PSX: AKBL) + [Bank Alfalah (Alfa App)](https://docs.barcoder.ai/docs/wallets/bank-alfalah) (Bank Alfalah; PSX: BAFL) + [Faysal Bank](https://docs.barcoder.ai/docs/wallets/faysal-bank) (Faysal Bank; PSX: FABL) + [Standard Chartered Pakistan](https://docs.barcoder.ai/docs/wallets/standard-chartered-pakistan) (Standard Chartered Pakistan).

**Regulators**: SBP State Bank of Pakistan.

## Status

**Wound down retail, Pakistani commercial bank + HSBC Holdings UK parent LSE:HSBA + SEHK:5 + NYSE:HSBC subsidiary + HSBC Pakistan retail + corporate banking + closed retail operations 2015 + corporate banking operations continued** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.hsbc.com.pk/ "HSBC Pakistan — official"
[2]: https://en.wikipedia.org/wiki/HSBC_Bank_Middle_East "HSBC Middle East — Wikipedia"
[pk-cro]: https://docs.barcoder.ai/docs/payments/PK

- [1] [HSBC Pakistan — official][1]
- [2] [HSBC Middle East — Wikipedia][2]
- <sup>[Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup> In-corpus: `reports/countries/PK-pakistan.md`

## Source

Biography extracted from [hsbc-pakistan.md](https://docs.barcoder.ai/source/wallets/hsbc-pakistan). See `matrix.md` for standards-support matrix if present.