PTCL Group has approved an investment of Rs15 billion, equivalent to around $53 million, in U Microfinance Bank Limited (U Bank), marking one of the largest equity injections in Pakistan’s microfinance banking sector.
PTCL, the parent company of U Bank, said the investment is aimed at supporting the bank’s sustained growth and strengthening its digital banking platform to improve outreach and service delivery across the country.
According to the group, the capital infusion reflects its long-term commitment to microfinance and financial inclusion, particularly through technology-driven banking solutions. The move is expected to enable U Bank to expand its digital capabilities and enhance access to financial services for underserved segments.
U Microfinance Bank Chairman and PTCL Group Chief Executive Officer Hatem Bamatraf said the investment demonstrates the group’s confidence in U Bank’s digital transformation strategy and its ability to further strengthen the microfinance ecosystem in Pakistan.
U Microfinance Bank President and Chief Executive Officer Toran Asif expressed gratitude to PTCL Group and the State Bank of Pakistan for their continued support and guidance. He said the investment has come at a critical juncture as the bank prepares to enter the next phase of its digital transformation in 2026.
Asif added that the bank’s transformation strategy is focused on innovation and the launch of new products and services, with the objective of expanding access to financial services for millions of customers nationwide.
The bank has already received the first tranche of Rs4 billion, which was credited on December 31, 2025. Further disbursements are expected in line with regulatory approvals and capital requirements.
