PTCL, the parent company of U Microfinance Bank Limited (U Bank), has approved a capital injection of PKR 15 billion (approximately USD 53 million), marking one of the largest equity investments in Pakistan’s microfinance banking sector.
The funding is part of PTCL’s commitment to strengthen U Bank’s capital base and support its long-term growth strategy.
The investment will enable U Bank to accelerate the expansion of its digital banking platform, allowing the bank to reach more customers across the country.
By enhancing technological capabilities and service delivery, the bank aims to offer innovative financial solutions tailored to the needs of both individuals and businesses.
Officials from PTCL and U Bank highlighted that the move will significantly contribute to financial inclusion in Pakistan, enabling underserved populations to access banking services more easily.
With a stronger capital base, U Bank will be better positioned to support small businesses, provide convenient banking solutions, and drive sustainable growth in the microfinance sector.
The equity injection reflects confidence in U Bank’s strategy and its potential to transform digital banking in the country.
Analysts note that this investment not only strengthens the bank financially but also underscores the growing importance of digital platforms in expanding access to financial services.
With this move, PTCL and U Bank aim to combine financial stability, innovation, and inclusion, setting the stage for a more connected and digitally empowered banking ecosystem in Pakistan.