Mobilink Bank to Acquire 82.51% Stake in Apna Microfinance Bank
Mobilink Bank Signs Deal to Acquire Majority Stake in Apna Bank
Transaction advances Mobilink Bank’s “Growth with Purpose” strategy, reinforcing its position as a trusted leader in Banking
ISLAMABAD, November 13, 2026: Mobilink Bank has signed a Sale Purchase Agreement (SPA) to acquire an 82.51% shareholding in Apna Microfinance Bank Limited (Apna Bank), marking a significant development in Pakistan’s microfinance and digital banking sector.
The proposed acquisition, subject to applicable legal and regulatory approvals, is part of Mobilink Bank’s “Growth with Purpose” strategy, aimed at strengthening financial inclusion, promoting responsible growth and building a more resilient banking ecosystem.
The transaction is intended to safeguard the interests of Apna Bank’s depositors, maintain stakeholder confidence and provide a stronger institutional foundation for sustainable growth. It also reflects Mobilink Bank’s commitment to supporting the stability and development of Pakistan’s financial sector.
The agreement was signed by Mobilink Bank President and CEO Haaris M. Chaudhary and Apna Bank Chairman Muhammad Akram Shahid in the presence of senior leadership from both institutions and JazzWorld.
Following completion of the acquisition, Apna Bank customers will become part of a larger financial institution while retaining continued access to their accounts and banking services throughout the transaction process.
Customers are also expected to benefit from Mobilink Bank’s nationwide network, Islamic banking services and an expanded digital financial services ecosystem powered by JazzCash.
Speaking on the development, Aamir Ibrahim, Chairman of Mobilink Bank and CEO of JazzWorld, said the acquisition aligns with the company’s broader vision of developing a comprehensive financial services ecosystem in Pakistan.
He highlighted how JazzCash, insurance businesses JazzSure and FikrFree, and Mobilink Bank complement one another in expanding access to financial services, particularly for agriculture and micro-enterprises.
Haaris M. Chaudhary said Mob ilink Bank would prioritize customer interests and ensure a smooth transition for Apna Bank customers through close coordination between the two institutions.
Meanwhile, Apna Bank Acting CEO Nazish Ali described the agreement as the beginning of an important new chapter for the institution.
She expressed confidence that joining Mob’ilink Bank would provide customers with access to stronger digital infrastructure, broader banking capabilities and an expanded range of financial services.
Ali added that protecting the interests of customers, depositors, employees and other stakeholders would remain a key priority throughout the process.
The acquisition is expected to strengthen Mobilink Bank’s position in Pakistan’s microfinance sector and further expand its role in advancing digital financial inclusion.
Note: The supplied press release ends mid-sentence in Nazish Ali’s statement. The article has been completed without inventing the missing quotation.
