Easypaisa digital bank has announced strong financial results for the first half of 2025, posting a profit before tax of PKR 3.64 billion. This reflects a 39.4 percent increase compared to PKR 2.61 billion in the same period last year, with growth primarily driven by higher markup income and a significant rise in fee-based revenues from digital lending and payments. The performance comes despite the State Bank of Pakistan reducing its discount rate from 20 percent to 11 percent in line with declining inflation, highlighting the resilience of the bank’s digital-first business model.
The bank’s financial growth was supported by a 15.6 percent increase in net markup income, bolstered by strong lending momentum. Non-markup income rose by 60.5 percent on the back of growing transaction volumes across cash deposits, withdrawals, load and bundle products, commissions on corporate disbursements and collections, as well as insurance services. Operating expenses increased by 9.6 percent, reflecting investments in technology, human capital, and customer acquisition to support expansion. However, the cost-to-income ratio improved significantly to 66.9 percent compared to 80.5 percent last year, underscoring stronger operating efficiency.
Easypaisa’s digital ecosystem continues to expand, with monthly active users reaching 18.2 million by the end of June 2025. Customer deposits surged 41.3 percent year-on-year to PKR 94.7 billion, supported by growing confidence after its transition into a fully licensed digital retail bank. The bank maintained a robust CASA ratio of 98.1 percent, while keeping its cost of deposits among the lowest in the industry at 1.57 percent. Advances reached PKR 27.7 billion, representing a loan-to-deposit ratio of 25 percent. Non-performing loans stood at 16.1 percent with a coverage ratio of 91.4 percent, reflecting a healthy risk management approach. Equity was reported at PKR 16.8 billion, while the Capital Adequacy Ratio stood strong at 20.52 percent.
Commenting on the results, Jahanzeb Khan, President and CEO of easypaisa digital bank, said the bank’s profitability demonstrates its mission to transform Pakistan’s financial landscape by enabling access to simple and secure digital financial services. He highlighted that customer trust and innovation remain the bank’s core strengths as it continues to introduce new offerings. Amin Sukhiani, Chief Financial Officer, emphasized the bank’s plans to broaden its product portfolio with foreign exchange, Islamic products, credit cards, remittances, and Buy Now Pay Later services, alongside expanding its merchant network under the government’s digital cashless initiative.
With over 55 million registered users and a strong ecosystem of products, easypaisa remains at the forefront of Pakistan’s digital banking journey. As the country’s first digital bank to commence commercial operations, its efforts are aligned with the vision of the State Bank of Pakistan to expand financial inclusion and build a sustainable digital economy. By leveraging technology-driven innovation, easypaisa continues to strengthen its role as a leading player in the financial services sector while working to provide accessible solutions for both banked and unbanked communities across the country.
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