Karachi, August 27, 2025 – Meezan Bank Limited has achieved a major milestone by surpassing Rs 3 trillion in total deposits by the end of June 2025.
According to a financial statement released to the Pakistan Stock Exchange (PSX), the Bank closed the first half of 2025 with a deposit portfolio of Rs 3.04 trillion, reflecting strong growth across its customer base.
This marks an impressive 18% increase compared to Rs 2.58 trillion recorded at the end of December 2024. The growth was supported by the addition of nearly 686,000 new customer accounts, further strengthening Meezan’s position as the largest Islamic bank in Pakistan.
Current Account deposits accounted for over Rs 1.54 trillion, while Current and Savings Account (CASA) deposits represented 94% of the total portfolio, amounting to Rs 2.86 trillion. The Bank’s total assets also rose to Rs 4.1 trillion, up 6% from December 2024, driven by a 28% increase in its investment portfolio to Rs 2.4 trillion, largely due to Sukuk investments.
Despite a 24% decline in the gross financing portfolio, Meezan Bank maintained strong asset quality with a Non-Performing Financing (NPF) ratio of just 2.5% and a coverage ratio exceeding 140%. The SME banking segment also posted steady growth, reaching Rs 34.1 billion, while the Digital Supply Chain Financing programme crossed Rs 7 billion.
On the income side, fee and commission earnings grew 40% to Rs 16.4 billion, supported by rising contributions from trade handling, branch banking, and debit card usage. The Bank’s cards portfolio expanded to 4.18 million, up 22% from the previous year, while the successful launch of Google Wallet further strengthened Meezan’s digital banking presence.
Profit After Tax stood at Rs 46.2 billion for the half year, slightly lower than Rs 51.4 billion during the same period last year due to a lower policy rate and higher taxation. Nevertheless, Meezan maintained strong profitability with a Return on Equity of 36.4% and Return on Assets of 2.3%, along with a solid Capital Adequacy Ratio of over 20%.
Meezan Bank continues to focus on expanding its branch network and digital services to enhance customer experience. With over 1,050 branches and more than 1,250 ATMs across Pakistan, the Bank remains committed to promoting Shariah-compliant banking while sustaining growth in a challenging financial environment.