Islamabad, 06 July 2026: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded easypaisa digital bank’s long-term credit rating from A+ to AA-, marking another major milestone for the country’s leading digital bank.
The latest revision reflects easypaisa’s successful transition into a fully licensed Digital Retail Bank (DRB) and comes as the bank secures its second consecutive credit rating upgrade from PACRA in as many years.
According to the bank, consecutive upgrades of this nature are rare in the industry and highlight the strength of its balance sheet, disciplined risk management, and the scale and resilience of its digital ecosystem.
Following the grant of its commercial DRB license in January 2025, easypaisa has maintained strong momentum across its digital ecosystem, supported by robust transaction volumes, rising customer engagement, and its widely used mobile application.
Strategic support from shareholders such as Telenor, along with Ant Group’s continued knowledge sharing and technological backing, also remains an important rating strength for the bank.
Jahanzeb Khan, President & CEO, easypaisa digital bank, said the upgrade is a strong endorsement of the bank’s strategy, execution, and long-term vision of building a more inclusive and digitally empowered financial ecosystem while maintaining a strong balance sheet.
“As Pakistan’s first digital bank to commence commercial operations, we are focused on expanding access to formal financial services, deepening customer engagement through innovation, and delivering seamless digital experiences that empower individuals and businesses across the country,” he said.
Amin Sukhiani, Chief Financial Officer, easypaisa digital bank, said the revision reflects the strength of the bank’s financial fundamentals, the resilience of its business model, and its ability to deliver sustainable growth at scale.
He added that growth in deposits, profitability, capital adequacy, and customer adoption shows the robustness of the digital banking model and the confidence of stakeholders.
Over the years, easypaisa has grown into one of Pakistan’s leading digital financial services platforms, serving retail and business customers through payment, lending, banking, savings, insurance, and merchant solutions.
In 2025, the bank processed more than 4.6 billion transactions worth PKR 16 trillion. Monthly active users rose to over 22 million, while branchless banking deposits increased to PKR 122.8 billion from PKR 72.4 billion in CY24.
Profit After Tax stood at PKR 17.04 billion, up five times year on-year, supported by net markup income and fee generation. The equity base strengthened to PKR 30.9 billion, while the Capital Adequacy Ratio improved to 20.4%.
The merchant network also expanded to 300,000 merchants. During CY25, total assets increased to PKR 184.8 billion from PKR 108.4 billion, driven mainly by the growth of the investment portfolio to PKR 113.3 billion, supported by deposit growth and profit retention.
As Pakistan’s first digital bank to commence commercial operations, easypaisa continues to support the country’s digital finance ecosystem and remains aligned with the State Bank of Pakistan’s vision of inclusive economic growth through innovation and technology.
About easypaisa digital bankeasypaisa is Pakistan’s first digital bank and has advanced the country’s digital finance landscape. Backed by Telenor Group and Ant Group, easypaisa delivers secure and convenient financial solutions to millions of Pakistanis.
