ISLAMABAD, November 13, 2026: Mobilink Bank has signed a sale and purchase agreement to acquire an 82.51 percent stake in Apna Microfinance Bank Limited, in a move aimed at expanding its banking operations and strengthening its digital financial services network.
The proposed acquisition remains subject to applicable legal and regulatory approvals, according to a statement issued by Mobilink Bank.
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 executives from both institutions and JazzWorld.
The transaction forms part of Mobilink Bank’s “Growth with Purpose” strategy, which focuses on expanding financial inclusion, strengthening institutional capacity and improving access to banking services.
Upon completion, Apna Bank customers are expected to gain access to Mobilink Bank’s nationwide network, Islamic banking services and digital financial products supported by JazzCash.
The bank said customers would continue to have access to their accounts and existing services throughout the transaction process.
Aamir Ibrahim, Chairman of Mobilink Bank and CEO of JazzWorld, said the acquisition would complement the group’s financial services ecosystem, which includes JazzCash, JazzSure Insurance and FikrFree.
He said the group’s broader objective was to improve access to financial services for individuals, agricultural businesses and micro-enterprises across Pakistan.
Haaris M. Chaudhary said Mobilink Bank would prioritise customer service continuity and coordination between the two institutions to ensure a smooth transition.
Apna Bank Acting CEO Nazish Ali said the proposed integration would provide customers with broader banking capabilities, improved digital infrastructure and an expanded range of financial services.
She added that protecting the interests of customers, depositors, employees and other stakeholders would remain a priority throughout the process.
The acquisition will proceed following the necessary regulatory approvals.