Cancellation of Authorization /License issued to M/s Noble Exchange International (Private) Limited

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Karachi, May 17, 2023 (PPI-OT): The State Bank of Pakistan (SBP) on May 17, 2023 has cancelled the authorization/license of M/s. Noble Exchange International (Pvt.) Limited on account of contraventions of the relevant laws and regulations.

Therefore, the aforesaid exchange company, including its head office, branches and franchises can no longer undertake any kind of foreign exchange related business activity.

For more information, contact:

Chief Spokesman,

State Bank of Pakistan (SBP)

Central Directorate

I.I. Chundrigar Road, Karachi, Pakistan

Tel: +92-21-111-727-111

Tel: +92-21-39212562

Fax: +92-21-39212433 – 39212436

Email: chief.spokesperson@sbp.org.pk

Website: www.sbp.org.pk