PTCL injects PKR 1 Billion in U Bank
(WorldNews Pakistan)

Islamabad, January 23, 2018: Pakistan Telecommunication Company Limited (PTCL) has injected an additional equity of PKR 1 billion in U Microfinance Bank Ltd. (U Bank), which is a wholly owned subsidiary of PTCL. This capital injection will enable the Bank to further capitalize on the growth opportunities possible in Pakistan`s microfinance sector. Given the overall economic landscape, competitive environment and the opportunity to serve a considerably...