PTCL Group has approved an investment of 1.5 billion rupees in U Microfinance Bank Limited.
According to sources, PTCL, which is the parent company of U Microfinance Bank Limited (U Bank), has approved an investment of 1.5 billion rupees, approximately 53 million dollars, in U Bank. This investment is one of the largest equity investments in the microfinance banking industry. Its purpose is to support U Bank’s continuous and sustainable growth and to enable the development of its digital banking platform, improving access and service delivery to customers.
Sources say that U Microfinance Bank’s Chairman and PTCL Group CEO, Hatem Bamatraf, stated that this investment reflects the group’s confidence in U Bank’s digital transformation strategy and its capability to further strengthen the microfinance banking system.
It is worth noting that U Bank has already received the first installment of 400 million rupees on December 31, 2025.
