Easypaisa Digital Bank reports Rs3.64bn profit before tax for H1 2025, up 39.4% YoY

August 23, 2025: Easypaisa Digital Bank has announced its financial results for the half year ended June 30, 2025, posting a Profit Before Tax (PBT) of Rs3.64 billion, up 39.4% compared to Rs2.61bn in the same period last year.

The Board of Directors approved the half-yearly financial statements in a meeting held earlier today.

The Bank’s strong performance was underpinned by increased markup income and robust fee-based revenues, particularly from digital lending and payments, despite the SBP’s policy rate dropping from 20% to 11% in line with moderating inflation.

Key Financial Highlights:

·         Net markup income rose by 15.6%, driven by expanding digital lending activity.

·         Non-markup income surged 60.5%, supported by higher transaction volumes across deposits, withdrawals, and commissions from corporate disbursements, collections, load/bundle products, and insurance.

·         Operating expenses increased by 9.6%, reflecting continued investment in technology, talent, and customer acquisition. These were partially offset by a reversal of compensation cost accruals.

·         Cost-to-income ratio improved significantly to 66.9%, compared to 80.5% in H1 2024.

Business Growth & Performance:

easypaisa's digital ecosystem continued to expand, with monthly active users (MAUs) reaching 18.2 million.

Customer deposits stood at Rs94.7bn, marking a 41.3% increase over June 2024, highlighting strong customer confidence following the bank’s full transition into a digital retail institution.

The CASA ratio remained high at 98.1%, while the cost of deposits stayed among the lowest in the industry at 1.57%.

·         Total advances reached Rs27.7bn, with a loan-to-deposit ratio of 25.0%.

·         Non-performing loans (NPLs) were at 16.1%, covered by a healthy 91.4% provision ratio.

·         Equity stood at Rs16.8bn, and the Capital Adequacy Ratio (CAR) remained strong at 20.52%.

Leadership Commentary:

Jahanzeb Khan, President & CEO of easypaisa Digital Bank, remarked:

“Our strong profitability in the first half of 2025 reflects our ambition to redefine digital banking in Pakistan. We remain committed to making financial services more accessible, convenient, and inclusive."

With a growing suite of innovative products and a customer-centric approach, easypaisa is poised to lead Pakistan’s digital financial future, he added. 

"I’m grateful to our board, partners, the State Bank of Pakistan, and industry stakeholders for their continued support on this journey toward a cashless economy,” he further stated. 

Amin Sukhiani, Chief Financial Officer, added:

“We are strategically positioned to accelerate growth through product expansion—including foreign exchange, Islamic banking, credit cards, remittances, and Buy Now Pay Later solutions. In parallel, we are focused on merchant expansion under the government’s digital cashless initiative and scaling our insurance marketplace to deliver even greater value to our users.”

With over 55 million registered users and as Pakistan’s first digital bank to commence commercial operations, easypaisa remains aligned with the State Bank of Pakistan’s vision for inclusive economic growth.

The Bank is committed to expanding its financial offerings to serve not only its current customers but also the millions across Pakistan who remain unbanked or underbanked.

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