Easypaisa digital bank has posted a strong financial performance for the nine months ending September 30, 2025, with a profit before tax of Rs5.65 billion, up from Rs3.88 billion in the same period last year, representing a 45.6% year-on-year (YoY) increase. The result underscores the bank’s continued growth trajectory and robust operational efficiency in Pakistan’s evolving digital banking landscape.
The bank attributed its growth primarily to the expansion of its deposit base and increased fee-based revenues from payment services. Net markup income rose by 8.46%, supported by growth in digital lending and low-cost deposits. Non-markup income showed a remarkable 44.62% increase, fueled by higher transaction volumes across online payment revenue, bundled products, disbursements, collections commission, and insurance services.
Operating expenses increased modestly by 5.92% as easypaisa continued strategic investments in technology, talent acquisition, and customer outreach to support its long-term growth strategy. Despite these investments, the bank improved its cost-to-income ratio from 80.31% in 9MCY24 to 69.91% in the current period, reflecting enhanced operational efficiency.
Customer deposits reached Rs109.6 billion, marking a 61.88% increase over September 2024, indicative of strong consumer trust following easypaisa’s transition into a fully digital retail bank. Total advances stood at Rs26.14 billion, with a loan-to-deposit ratio of 21.54%, reflecting prudent lending practices. The bank’s equity was recorded at Rs18.35 billion, while its Capital Adequacy Ratio (CAR) remained strong at 23.16%, well above regulatory requirements.
Commenting on the results, Jahanzeb Khan, President and CEO of easypaisa digital bank, said, “We continue to build on our momentum via robust growth and the trust our customers have placed in us. I want to thank our shareholders, customers, the State Bank of Pakistan, and policymakers for supporting our mission to democratize digital financial services. With a strong foundation in place, easypaisa is well-positioned to leverage our scale and brand to become the digital bank of choice for all Pakistanis.”
Amin Sukhiani, Chief Financial Officer, emphasized the strategic drivers of growth, stating, “A 45% growth in profitability reflects the strength of our strategy, the continued support of our Board, and the dedication of a competent management team. Our focus on core banking activities has delivered solid results. With new products planned for the coming year and ongoing initiatives to deepen financial literacy, we expect to further enhance customer confidence and strengthen our market position.”
Easypaisa continues to serve over 55 million registered users, remaining Pakistan’s first fully digital bank to commence commercial operations. The bank’s growth aligns closely with the State Bank of Pakistan’s vision to expand financial inclusion and drive economic empowerment for unbanked and underbanked populations across the country.
The bank’s performance highlights its strong foothold in Pakistan’s digital finance sector, combining innovative products, operational efficiency, and broad customer reach to cement its position as a leading player in the country’s fintech ecosystem.
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