ISLAMABAD (special crosspondent) – The Board of Directors of easypaisa digital bank has officially approved the financial statements for the half-year period ending 30 June 2026. The bank demonstrated a resilient financial performance, reporting a Profit Before Tax (PBT) of PKR 8.26 billion and a Profit After Tax (PAT) of PKR 5.78 billion, which marks a 2.27x increase in PBT compared to the same period in the previous year. Earnings per share were recorded at PKR 9.61. The institution’s strong growth was attributed to sustained momentum across core business streams, an expanding user base, increased transaction volumes, and ongoing strategic investments in technology, talent, and digital innovation. Total revenue saw a year-on-year increase of 30.50%, reflecting strong results across both lending and fee-based income portfolios. Net markup income grew by 32.46%, bolstered by the expansion of the lending portfolio and treasury investments, supported by significant growth in customer deposits. Meanwhile, fee-based income rose by 28.34%, driven by higher contributions from payment services, collections, disbursements, and insurance products. Operating expenses increased to PKR 21.08 billion as the bank continued to invest in strategic initiatives, including customer acquisition campaigns, expansion of the merchant ecosystem, and costs associated with scaling digital lending volumes. As of 30 June 2026, the bank’s total assets stood at PKR 232.58 billion. Customer deposits experienced a 67.37% year-on-year surge to PKR 158.58 billion, maintaining a strong deposit mix with a CASA ratio of 97.46% and a current account ratio of 79.95%. Gross advances reached PKR 31.11 billion, resulting in an advances-to-deposit ratio of 18.63%. Asset quality remains healthy, with non-performing loans (over 90 DPDs) at 3.16% and a coverage ratio of 159.63%. The bank maintained a strong capital position, reporting a Capital Adequacy Ratio (CAR) of 23.75%, which is well above the regulatory requirement. In recognition of its strengthened financial profile and robust capitalisation, the Pakistan Credit Rating Agency Limited (PACRA) upgraded the bank’s long-term entity rating to “AA-” while reaffirming its short-term rating at “A1” on 1 July 2026. Jahanzeb Khan, President & CEO of easypaisa digital bank, remarked that the strong profitability reflects the resilience of their business model and a commitment to advancing financial inclusion in Pakistan. He expressed gratitude to the State Bank of Pakistan and the Government of Pakistan for their continued support in driving the nation’s transition toward a digital financial ecosystem. Amin Sukhiani, Chief Financial Officer of easypaisa digital bank, noted that the performance highlights a commitment to customer service and digital innovation. He emphasized that the bank is expanding its offerings to include Islamic banking, foreign exchange products, and consumer solutions such as BNPL and credit cards. With over 60 million registered users, easypaisa remains aligned with the State Bank of Pakistan vision of driving inclusive economic growth. The bank is currently focused on further scaling its services across payments, lending, and digital lifestyle services to expand access to formal financial systems across the country, following its milestone as the first digital bank to commence commercial operations in Pakistan.