PTCL Injects Rs15 Billion to Fuel U Bank

PTCL is doubling down on digital finance with a Rs15 billion capital injection into U Bank, signalling strong confidence in the lender’s growth and tech-led transformation. As U Bank gears up for its next digital phase in 2026, the move underscores a broader push to expand financial inclusion and modernise microfinance banking across Pakistan.

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Pakistan Telecommunication Company Limited (PTCL) has approved a Rs15 billion capital injection into U Microfinance Bank Limited (U Bank), marking one of the largest equity infusions in Pakistan’s microfinance sector.

The investment is aimed at strengthening U Bank’s capital base while supporting its expansion plans and continued development of digital banking services designed to reach underserved segments more effectively.

Hatem Bamatraf, Chairman of U Microfinance Bank and Group Chief Executive Officer of PTCL Group, said the move underlines the Group’s commitment to advancing financial inclusion, innovation, and broader socioeconomic progress in Pakistan. He noted that the capital support reflects PTCL Group’s confidence in U Bank’s digital transformation roadmap and its role in reinforcing the country’s microfinance ecosystem.

Tooran Asif, President and Chief Executive Officer of U Microfinance Bank, expressed gratitude to PTCL Group and the State Bank of Pakistan (SBP) for their ongoing support. He said the capital injection arrives at a crucial time as the Bank prepares to enter the next phase of its digital evolution in 2026.

U Bank has already received the first tranche of Rs4 billion, credited on December 31, 2025.