ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) Group has approved a capital injection of Rs15 billion ($53 million) into U Microfinance Bank Limited, marking one of the largest equity investments in Pakistan’s microfinance banking sector. The move is aimed at supporting the bank’s growth and accelerating the development of its digital banking platform.
According to a press release, the bank received the first tranche of Rs4 billion on December 31, 2025. The investment aligns with PTCL Group’s broader strategy of promoting financial inclusion and innovation, while reinforcing confidence in U Microfinance Bank’s digital transformation roadmap.
Mr. Hatem Bamatraf, Chairman of U Microfinance Bank and Group Chief Executive Officer of PTCL Group, said the capital injection underscores the Group’s commitment to expanding access to banking services across Pakistan. He added that the investment reflects confidence in the bank’s ability to lead the microfinance sector through digital innovation and sustainable growth.
Tooran Asif, President and Chief Executive Officer of U Microfinance Bank, noted that the support from PTCL Group and the State Bank of Pakistan comes at a pivotal time as the bank prepares to enter the next phase of its digital transformation in 2026. The strategy focuses on strengthening the bank’s digital capabilities and rolling out new financial products and services to enhance access for customers nationwide.
The capital injection is expected to bolster the bank’s infrastructure, expand its digital service offerings, and support initiatives aimed at improving financial inclusion, particularly for underserved communities. Through these efforts, U Microfinance Bank aims to provide more efficient, accessible, and technologically advanced banking services to a broader segment of Pakistan’s population.
PTCL Group’s investment also signals growing confidence in Pakistan’s microfinance sector and its potential to contribute to the country’s economic development by leveraging digital platforms for wider financial outreach. The move is seen as a critical step toward modernising the microfinance ecosystem and fostering innovation in digital banking services.
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