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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