The Bank of Punjab (BOP) has approved Rs 1 billion in capital for its subsidiary, BOP Exchange Private Limited, to strengthen its finances and support growth in foreign exchange services. The board made the decision on February 17, 2026, according to a filing with the Pakistan Stock Exchange.
BOP Exchange, fully owned by the bank, offers foreign exchange and remittance services. The extra capital will help it meet regulatory requirements and expand in Pakistan’s competitive currency exchange market. The move shows the bank’s commitment to improving operations amid rising remittances and changing financial rules.
The Bank of Punjab recently reported strong results for 2025, with a profit after tax of Rs 15.53 billion, up 16.9% from the previous year. Net mark-up income rose 83.3% to Rs 81 billion, helped by lower funding costs and better profit margins. The bank also announced a record total dividend of 25% for shareholders.
Financial analysts say capital injections like this are critical for subsidiaries to maintain stability and regulatory compliance while pursuing growth. BOP Exchange’s strengthened position could allow the bank to expand services for customers sending and receiving money internationally, an area that continues to grow steadily in Pakistan.
