Mobilink Bank and Apna Microfinance Bank acquisition agreement for an 82.51% shareholding stake

Mobilink Bank Acquisition: Agreement signed for an 82.51% stake in Apna Bank

Mobilink Bank Acquisition: Signs Deal to Buy 82.51% Stake in Apna Microfinance Bank

The proposed acquisition, subject to regulatory approvals, aims to expand Mobilink Bank’s customer base and strengthen its digital and Islamic banking services

ISLAMABAD, November 12, 2026: Mobilink Bank has signed a Sale and Purchase Agreement (SPA) to acquire an 82.51% stake in Apna Microfinance Bank Limited, subject to applicable legal and regulatory approvals.

The proposed transaction forms part of Mobilink Bank’s “Growth with Purpose” strategy and is aimed at expanding its presence in Pakistan’s microfinance banking sector.

Following completion of the acquisition, Apna Bank customers are expected to become part of a larger financial institution while retaining continued access to their accounts and banking services throughout the transition.

Customers are also expected to benefit from Mobilink Bank’s wider nationwide network, Islamic banking offerings and an expanded digital financial services ecosystem powered by JazzCash.

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Commenting on the agreement, Mobilink Bank President and CEO Haaris M. Chaudhary said the bank’s priority was to ensure service continuity for Apna Bank customers and make their transition into a larger institution as seamless as possible.

He added that Mobilink Bank remained focused on delivering a customer-first experience while supporting the long-term development of its financial services platform.

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