PTCL Group injects Rs15bn into U Microfinance Bank
MG News | January 02, 2026 at 11:43 AM GMT+05:00
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.
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