State Bank cancels license of M/s Mars Exchange Company-B (Pvt) Ltd

Karachi, April 21, 2014 (PPI-OT): The State Bank of Pakistan has cancelled, with immediate effect, the license of M/s Mars Exchange Company-B (Pvt) Limited on account of violations of State Bank’s rules and regulations.

The said exchange company, its head office and branches have been debarred from undertaking any kind of business activity.

For more information, contact:
Syed Wasimuddin
Chief Spokesman
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563
Email: syed.wasimuddin@sbp.org.pk