PTCL Group injects Rs15bn into U Microfinance Bank

News Image

MG News | January 02, 2026 at 11:43 AM GMT+05:00

0:00

January 02, 2026 (MLN): PTCL Group has approved a capital injection of Rs15 billion ($53 million) into U Microfinance Bank Limited to support the bank’s growth and development of its digital banking platform.

Pakistan Telecommunication Company Limited (PTCL), the parent company of U Microfinance Bank, said the investment is one of the largest equity injections in the microfinance banking sector.

The bank received the first tranche of Rs4bn on December 31, 2025, according to the press release.

Mr. Hatem Bamatraf, Chairman of U Microfinance Bank and Group Chief Executive Officer of PTCL Group, said the capital injection aligns with the Group’s broader focus on financial inclusion and innovation.

He said the investment shows confidence in U Microfinance Bank’s digital transformation strategy and its capacity to support the development of Pakistan’s microfinance banking sector.

U Microfinance Bank President and Chief Executive Officer Tooran Asif said the support from PTCL Group and the State Bank of Pakistan comes as the bank prepares to move into the next phase of its digital transformation in 2026.

He said the strategy centers on strengthening digital capabilities and rolling out additional financial products and services to broaden access for customers across the country.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 178,499.06
236.19M
1.22%
2143.57
ALLSHR 107,236.83
570.28M
1.08%
1141.75
KSE30 54,782.48
131.96M
1.43%
772.16
KMI30 254,781.95
121.03M
1.63%
4095.97
KMIALLSHR 69,553.70
358.76M
1.30%
894.22
BKTi 50,118.21
35.88M
1.02%
505.69
OGTi 36,108.99
18.41M
2.42%
852.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,365.00 89,645.00
88,720.00
1480.00
1.68%
BRENT CRUDE 61.19 61.38
60.83
0.34
0.56%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
0.65
0.75%
ROTTERDAM COAL MONTHLY 96.75 0.00
0.00
0.20
0.21%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 57.76 57.93
57.41
0.34
0.59%
SUGAR #11 WORLD 14.95 15.22
14.80
0.11
0.74%

Chart of the Day


Latest News
January 02, 2026 at 01:11 PM GMT+05:00

POL makes hydrocarbon discovery at Bilitang-1


January 02, 2026 at 01:08 PM GMT+05:00

PSX Mid-Day: Bulls in the Driver’s Seat


January 02, 2026 at 12:34 PM GMT+05:00

HBL Pakistan’s Manufacturing PMI hits 52.8 in December


January 02, 2026 at 11:43 AM GMT+05:00

PTCL Group injects Rs15bn into U Microfinance Bank


January 02, 2026 at 11:26 AM GMT+05:00

OMC sales rise 6% YoY in December 2025



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg