Bank of Punjab to inject Rs1bn capital into subsidiary
MG News | February 24, 2026 at 10:18 AM GMT+05:00
February 24, 2026 (MLN): Bank of Punjab (PSX:BOP) has
approved the injection of an additional capital of Rs1bn into BOP Exchange
Private Limited to meet required regulatory capital requirements and support
business growth.
The decision was taken during a board meeting held on
February 17, 2026, the company's filing on PSX revealed today.
BOP Exchange Private Limited operates as a subsidiary of
Bank of Punjab, providing foreign exchange services.
BOP recently reported its strongest financial performance
on record, posting a profit after tax of Rs15.53bn for CY25, up 16.9%
year-on-year.
The bank declared a record total dividend of 25% for the
year and saw its net mark-up income surge 83.3% to Rs81bn, driven by
significantly reduced funding costs and strong spread expansion.
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