The Pakistan Security Printing Corporation (PSPC) has officially merged with the National Security Printing Company (NSPC), effective from July 1, 2025. This strategic move is designed to unify Pakistan’s two major security printing bodies under one roof and strengthen the delivery of secure printed materials nationwide.
According to a statement by the State Bank of Pakistan (SBP), all of NSPC’s assets, liabilities, rights, contracts, and obligations have now been permanently transferred to PSPC. The NSPC, a previously independent entity, has ceased to exist and has been dissolved without the need for winding-up proceedings.
This merger follows SBP’s earlier decision to acquire NSPC from the federal government in a move aimed at creating greater operational efficiency and synergy. The SBP owns PSPC, which is already responsible for printing Pakistan’s currency notes and prize bonds. Now, with NSPC’s integration, PSPC will also manage the printing of passports, educational degrees, cheques, tax stamps, and other official documents.
Importantly, all existing arrangements with NSPC customers—both in the public and private sectors—will continue without interruption. The SBP emphasized that PSPC remains fully committed to fulfilling all obligations and will offer improved service quality, better coordination, and more innovative products going forward.
The merger was first cleared in October 2024 by the Competition Commission of Pakistan (CCP), which approved PSPC’s acquisition of 100% equity in NSPC. With this integration now complete, Pakistan’s security printing operations are expected to become more cost-effective, streamlined, and technologically advanced.