easypaisa Digital Bank Posts Rs. 5.6 Billion Profit in First 9 Months

Easypaisa Digital Bank has announced a profit before tax of Rs. 5.65 billion for the nine months ended September 30, 2025. The figure marks a 45.6% year-on-year increase from Rs. 3.88 billion recorded in the same period last year.

The strong performance was driven by deposit growth, higher fee-based revenues, and effective cost control.

Revenue and Income Growth

Net markup income rose by 8.46%, supported by growth in digital lending and low-cost deposits. Meanwhile, non-markup income surged by 44.62%, reflecting increased transaction volumes across payment services. Online payment, bundle products, disbursements and collections commissions, and insurance products revenue mainly fueled the rise.

Operating expenses increased modestly by 5.92%, as the bank continued investing in technology, talent, and customer acquisition. However, this was partly offset by the actualisation of accrued compensation costs.

Due to greater efficiency, the cost-to-income ratio improved to 69.91% from 80.31% last year.

Balance Sheet and Capital Strength

Customer deposits stood at Rs. 109.6 billion, up 61.88% from September 2024, reflecting strong customer confidence after Easypaisa’s transition to a digital retail bank. Total advances reached Rs. 26.14 billion, with a loan-to-deposit ratio of 21.54%.

The bank’s equity was recorded at Rs. 18.35 billion, while its Capital Adequacy Ratio (CAR) remained strong at 23.16%, well above regulatory requirements.

easypaisa Leadership Remarks

Jahanzeb Khan, President and CEO of Easypaisa Digital Bank, said:

“We continue to build on our momentum via robust growth and the trust our customers have placed in us. I want to thank our shareholders, customers, State Bank of Pakistan, and policy makers to democratize digital financial services across the masses. With a strong foundation in place, easypaisa is well-positioned to leverage our scale and brand to become the digital bank of choice for all Pakistanis.”

Amin Sukhiani, Chief Financial Officer, added:

“A 45% growth in profitability reflects the strength of our strategy, the continued support of our Board, and the dedication of a competent management team. Our focus on core banking activities has delivered solid results, and with the introduction of new products in the coming year and our ongoing efforts to deepen financial literacy among customers, we expect to further enhance customer confidence and strengthen the Bank’s market position.”

With over 55 million registered users, Easypaisa remains Pakistan’s first digital bank to commence commercial operations and continues to align with the State Bank of Pakistan’s vision for inclusive economic growth.