KARACHI, May 6, 2025 – easypaisa Digital Bank has posted a profit before tax of PKR 840 million for the quarter ended March 31, 2025, compared to PKR 1,028 million in the same period last year. The financial results were approved by the Board of Directors during a meeting held on April 23, 2025.
Despite a significant drop in the State Bank of Pakistan’s (SBP) discount rate—from 22% to 12%—the Bank reported robust revenue growth of 36.2%. This performance was largely driven by strong expansion in both its deposit and lending portfolios. Net markup income increased by 24.2%, while non-markup income surged by 55.6%, fueled by rising digital revenues across cash transactions, online payments, bundles, corporate disbursements, collections, and insurance services.
Administrative expenses rose during the quarter, reflecting ongoing investments in technology infrastructure, talent acquisition, and process improvements as part of the Bank’s long-term strategic growth and sustainability initiatives.
Customer deposits reached PKR 101 billion as of March 31, 2025, marking a 59.7% year-on-year increase. This growth was largely attributed to the launch of innovative savings products, including digital term deposits and savings pockets. easypaisa Digital Bank maintained an industry-leading Current Account Savings Account (CASA) ratio of 98.7%, while keeping the cost of deposits low at 1.4%.
The Bank’s equity base also strengthened significantly, rising to PKR 14.9 billion—an increase of 71.7%—supported by retained earnings and a USD 10 million capital injection by its sponsors in Q4 2024.
Reflecting its strong capital position, consistent profitability, and sound risk management practices, PACRA upgraded the Bank’s credit rating from ‘A’ to ‘A+’, affirming easypaisa Digital Bank’s financial resilience and operational strength.
