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 a second consecutive upgrade in as many years.
The upgrade reflects easypaisa’s position as Pakistan’s leading digital bank and its successful transition into a fully licensed Digital Retail Bank (DRB). PACRA said the bank’s balance sheet strength, risk management discipline and resilient digital ecosystem supported the improved rating.
Following the grant of its commercial DRB license in January 2025, easypaisa has continued to show strong momentum across its digital platform, supported by transaction growth, higher customer engagement and its widely used mobile app.
Strategic support from shareholders, including Telenor, along with Ant Group’s continued knowledge sharing and technological backing, also remains a key rating strength.
Commenting on the development, Jahanzeb Khan, President & CEO of easypaisa digital bank, said the upgrade was a strong endorsement of the bank’s strategy, execution and long-term vision. He said easypaisa is focused on expanding access to formal financial services, deepening customer engagement through innovation and delivering seamless digital experiences across the country.
Amin Sukhiani, Chief Financial Officer of easypaisa digital bank, said the upgrade reflects the strength of the bank’s financial fundamentals, resilience of its business model and its ability to deliver sustainable growth at scale. He said growth in deposits, profitability, capital adequacy and customer adoption demonstrates the robustness of the digital banking model.
During 2025, easypaisa 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. The bank’s Profit After Tax stood at PKR 17.04 billion, up five times year on-year, while the equity base reached PKR 30.9 billion and the Capital Adequacy Ratio improved to 20.4%.
The merchant network expanded to 300,000 merchants during the year. Total assets rose to PKR 184.8 billion in CY25, driven mainly by the growth of its investment portfolio to PKR 113.3 billion.
easypaisa said it remains focused on using this financial strength to create greater value for customers, advance financial inclusion and deliver sustainable returns for shareholders. The bank, which serves more than 60 million registered users, said it continues to play a key role in Pakistan’s digital finance ecosystem.
ENDS
About easypaisa digital bank: easypaisa 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.
