easypaisa Bank currently operates 25 branches in compliance with regulatory requirements for Digital Retail Banks (DRBs).
easypaisa Digital Bank Posts PKR 840M Profit, Deposits Surge 60%. The easypaisa Digital Bank reported a profit before tax of PKR 840 million, compared to PKR 1,028 million for the same period last year. Despite the decline in the SBP discount rates from 22% to 12%, total revenue grew by 36.2%, driven by strong growth in the deposit and lending portfolios. Net markup income rose by 24.2%, while non-markup income recorded an increase of 55.6%, supported by higher digital revenues from cash transactions, online payments, bundles, corporate disbursements, collections, and insurance services.
The Board of Directors of easypaisa Digital Bank approved the financial statements for the quarter ended March 31, 2025, during its meeting held on April 23, 2025.
The increase in administrative expenses reflects continued investments in technology infrastructure, talent acquisition, and process enhancements to support the Bank’s long-term growth and sustainability.
As of March 31, 2025, easypaisa Digital Bank’s customer deposits reached PKR 101 billion, representing a 59.7% increase, driven by the successful introduction of new savings products – digital term deposits and savings pockets. The Bank maintained an industry-leading CASA ratio of 98.7%, with a cost of deposits at a low 1.4%.
The Bank’s equity base increased to PKR 14.9 billion, up by 71.7%, supported by retained earnings and a capital injection of USD 10 million by the Bank’s sponsors in Q4 2024.
easypaisa Bank currently operates 25 branches in compliance with regulatory requirements for Digital Retail Banks (DRBs).
Looking ahead, the Bank is well-positioned to expand its product offerings with a focus on foreign currency, home remittance products, Islamic banking, and customized commercial banking products. It also plans to further invest in control functions aimed at enhancing service quality and improving the overall customer experience.
In recognition of its solid capital position, consistent profitability, and robust risk management framework, PACRA has upgraded the bank’s credit rating from ‘A’ to ‘A+’, highlighting the Bank’s financial strength and operational resilience.
