February 09, 2026 (MLN): Meezan Bank Limited (PSX: MEBL) has approved an enhancement in the authorized capital of its wholly owned subsidiary, Meezan Exchange Company (Private) Limited, as part of measures to support smooth operations.
The bank’s board, in its 113th meeting held on February 9, 2026, approved an increase in the exchange company’s authorized capital to Rs2 billion from Rs1 billion.
Following the enhancement, Meezan Bank will immediately invest an additional Rs500 million, bringing its total investment in the subsidiary to Rs1.5 billion, according to a filing to the Pakistan Stock Exchange.
Earlier on the same day, Meezan Bank announced its financial results for the year ended December 31, 2025.
The bank reported a profit after tax of Rs92.18 billion, compared with Rs103.72 billion in the previous year. Earnings per share stood at Rs50.47, versus Rs57.28 last year.
Total other income increased 19.9% year-on-year to Rs38.19 billion, driven by higher foreign exchange gains of Rs5.48 billion, compared with Rs0.83 billion a year earlier.
Fee and commission income rose 15.1% to Rs29.75 billion, while dividend income declined 39.4% to Rs0.38 billion.
Profit before taxation amounted to Rs200.30 billion, while total income stood at Rs290.65 billion for the year.
On the cost side, operating expenses increased 4.6% YoY to Rs85.41 billion, and total other expenses rose 3.5% to Rs89.85 billion.
The additional capital injection into Meezan Exchange Company reflects the bank’s focus on strengthening its non-banking and fee-based businesses, particularly foreign exchange operations.
Copyright Mettis Link News
Monetary Aggregates (M3) - Monthly Profile