PTCL Group has approved a capital injection of Rs15 billion ($53 million) into U Microfinance Bank Limited to support the bank’s expansion and development of its digital banking platform. This investment is among the largest equity injections in Pakistan’s microfinance sector and reflects PTCL Group’s focus on advancing financial inclusion and promoting digital transformation in banking services. The first tranche of Rs4 billion was disbursed to the bank on December 31, 2025, marking the initial phase of the planned investment.
Mr. Hatem Bamatraf, Chairman of U Microfinance Bank and Group Chief Executive Officer of PTCL Group, highlighted that the capital support demonstrates confidence in the bank’s digital transformation strategy. He emphasized that the investment will empower U Microfinance Bank to enhance its operational efficiency, scale digital services, and contribute to the broader growth of Pakistan’s microfinance banking sector. PTCL Group’s backing underscores a commitment to modernizing financial services and expanding access to banking solutions for underserved communities.
Tooran Asif, President and Chief Executive Officer of U Microfinance Bank, noted that the support from PTCL Group, along with guidance from the State Bank of Pakistan, positions the bank to enter the next phase of its digital transformation in 2026. This strategy focuses on strengthening digital capabilities, introducing new financial products, and broadening service accessibility across the country. By leveraging PTCL Group’s resources and technological expertise, U Microfinance Bank aims to enhance customer experience, facilitate cashless transactions, and provide innovative banking solutions for individuals and small businesses.
The investment also signals a wider trend in Pakistan’s financial sector, where large corporations are actively supporting fintech and digital banking initiatives to accelerate inclusion. By integrating digital platforms, mobile banking solutions, and innovative service delivery models, U Microfinance Bank is expected to extend its reach to previously underserved markets, thereby contributing to economic growth and financial empowerment. The capital injection further supports the bank’s ambition to expand digital infrastructure, enhance operational resilience, and maintain compliance with evolving regulatory standards under the State Bank of Pakistan.
With this strategic funding, U Microfinance Bank is poised to strengthen its market position and scale up digital offerings in alignment with PTCL Group’s vision of leveraging technology for financial empowerment. The partnership also highlights how corporate investment can accelerate innovation in Pakistan’s banking sector, creating opportunities for improved service delivery, inclusive finance, and sustainable growth. As digital adoption increases, U Microfinance Bank is expected to play a key role in shaping the future of microfinance banking in Pakistan, providing accessible, secure, and technologically advanced solutions for a broad customer base.
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