Mobilink Bank is setting a new benchmark for sustainable banking in Pakistan, rapidly advancing its ESG-led transformation to become the country’s most forward-looking, responsible, and future-ready financial institution. With more than one-third of its nationwide branch network now powered by renewable energy, the Bank is decisively leading the shift toward low-carbon, inclusive finance at scale.

During a recent visit to Mobilink Bank, Kaan Terzioglu, Chief Executive Officer and Board Member of VEON Group, reviewed the Bank’s digital-first operating model, customer-centric innovations, and sustainability initiatives. He engaged with customers and observed firsthand how Mobilink Bank is delivering secure, accessible, and future-ready financial services at scale.

Kaan Terzioglu, Chief Executive Officer of VEON, said, “Mobilink Bank’s progress in embedding sustainability into its operations is both timely and impactful. The scale at which the Bank is advancing green financing, alongside expanding digital financial access, highlights its commitment to responsible growth. This is a strong example of how financial institutions can support initiatives that are both good for the environment and drive both economic growth in emerging markets.”

Commenting on the Bank’s direction, Haaris Mahmood Chaudhary, President and CEO Mobilink Bank, said: “Sustainability is not a parallel agenda for Mobilink Bank; rather, it is the engine of our growth. We are building Pakistan’s leading bank for small businesses through a model that is digital-first, ESG-driven, and built for long-term impact. From green financing to renewable-powered operations, we are embedding responsibility into every layer of our business.”

Mobilink Bank’s ESG-led strategy spans green financing, responsible operations, and inclusive growth. The Bank has deployed PKR 2.9 billion in green financing to accelerate the adoption of clean energy and green mobility solutions, including solar systems and e-bike financing for underserved segments. At the same time, its transition to renewable energy across 35% of its branch network underscores a decisive shift toward low-carbon operations.

To further institutionalize its sustainability agenda, the Bank is building a data-driven decarbonization framework through an automated ESG platform, with baseline emissions measured at 4,489 metric tons of CO₂, laying the foundation for transparent tracking and long-term reduction targets.

Beyond environmental impact, Mobilink Bank continues to lead on social inclusion. The Bank has enabled over 31,000 women through targeted financial inclusion programs in 2025 and is supporting a PKR 50.30 billion gross loan portfolio to expand equitable access to finance for small businesses. Its commitment to community development is reflected in initiatives such as the solarization of a Digital Arts Lab at Khatoon-e-Pakistan Government Girls School, in partnership with Zindagi Trust, benefiting 310 students, and a clean water initiative improving access for over 1,000 students.

As sustainability becomes a defining pillar of modern banking, Mobilink Bank’s integrated ESG approach positions it as a catalyst for systemic change, driving economic empowerment, environmental responsibility, and digital innovation to build a more inclusive and future-ready Pakistan.

Mobilink Bank is a part of VEON Group, a global digital operator that provides services to over 150 million connectivity customers and over 140 million monthly active digital users. VEON Group (Nasdaq: VEON) is a Nasdaq-listed company that operates across five countries that are home to more than 6% of the world’s population.

The capital will be used to scale Mobilink Bank’s MSME financing portfolio, advance its Islamic banking offerings, and strengthen its evolution into a technology-driven, digitally native bank, with a continued focus on expanding regulated financial access for underserved communities, particularly small businesses and women.

The investment reflects VEON Group’s broader digital strategy of strengthening high-impact financial ecosystems through technology-led solutions and disciplined capital deployment, positioning Mobilink Bank as a key contributor to Pakistan’s evolving financial sector.

Commenting on the development, VEON Group Executive Committee Member and Chairman Mobilink Bank, Aamir Ibrahim, said: “This continued stream of investment from VEON underscores our long-term commitment to Pakistan and confidence in the structural shift underway in the country’s digital financial services ecosystem. It strengthens Mobilink Bank and JazzCash’s ability to execute on our strategic priorities, invest in resilient technology infrastructure, and contribute to the development of inclusive and sustainable digital banking.”

Haaris Mahmood Chaudhary, President and CEO Mobilink Bank, added: “This investment will accelerate the expansion of our shariah-compliant Islamic banking offerings, helping small businesses formalize cash flows, access regulated credit, and build long-term financial resilience. As a future-ready digital bank, our focus remains on delivering practical, technology-enabled financial solutions that empower entrepreneurs – particularly women and underserved communities – across Pakistan.”

Mobilink Bank’s expanding deposit base and MSME-oriented lending portfolio are enabling small businesses to transition from informal cash usage to regulated banking, while targeted women-centric financial products and green financing initiatives support inclusive growth and resilience in the face of Pakistan’s climate and economic challenges.

Mobilink Bank, together with JazzCash, which serves over 57 million customers and is supported by a nationwide network of more than one million merchants and agents, anchors one of Pakistan’s largest digital financial ecosystems. During the year, JazzCash processed gross transaction value exceeding PKR 15 trillion, underscoring the scale, resilience, and impact of fintech in advancing financial inclusion, social mobility, and responsible digital innovation across Pakistan.

Karachi – May 20, 2025: Pakistan’s leading digital microfinance bank, Mobilink Bank, has been certified as a Top Employer in Pakistan for 2025 by the prestigious Top Employers Institute, a global authority recognizing excellence in people practices. Mobilink Bank is Pakistan’s first and only bank to receive this prestigious certification, affirming its standing as one of the country’s most inclusive and diverse institutions.

The certification places Mobilink Bank among the most enterprising organizations that provide a thriving work culture and prioritize employee well-being and professional growth. The milestone elevates the bank as only the second OpCo within the VEON Group (after Beeline Uzbekistan) and among the top ten organizations across Pakistan to have achieved this distinction.

Mobilink Bank’s recognition stems from its pioneering initiatives that champion inclusivity and empowerment within the workplace and beyond. Its ‘MobilinkHer’ program is a dedicated women’s returnship initiative designed to reintegrate talented women into the workforce after career breaks, offering them tailored support and professional development opportunities, while ‘Humqadam’ focuses on creating a more accessible and accommodating environment for differently-abled persons. Meanwhile, the flagship Women Inspirational Network (WIN)’ actively promotes female leadership and financial inclusion through capacity building, mentorship, and outreach.

“This global recognition reflects our team’s drive to build an inclusive and empowering workplace,” said Haaris Mahmood Chaudhary, President and CEO Mobilink Bank. “Diversity and a strong organizational culture fuels innovation, and we’re proud to lead by example in Pakistan’s financial sector.”

Aleena Tanvir, Chief People Officer at Mobilink Bank, said, “At Mobilink Bank, our people are at the heart of everything we do. We are deeply committed to building a workplace rooted in inclusivity, growth, and continuous learning. Being recognized by the prestigious Top Employers Institute is a powerful affirmation of our efforts to cultivate and nurture a culture that inspires talent, drives innovation, and reinforces our position as an employer of choice.”

The Top Employers Institute Certification Program assesses companies through a detailed Best Practices Survey that looks at their people strategy, work environment, hiring practices, diversity and inclusion efforts, and employee well-being. In 2025, the Top Employers Institute certified over 2,400 organizations across 125 countries/regions, positively impacting more than 13 million employees globally. By securing the prestigious certification, Mobilink Bank has raised the industry benchmark for people-centric leadership and inclusive growth.