Lahore: The Bank of Punjab (BOP) has been elevated to a long-term entity rating of AAA by The Pakistan Credit Rating Agency (PACRA), advancing from its previous AA+ rating, while maintaining a short-term rating of A1+ with a Stable Outlook. This upgrade marks BOP as the first and only provincial bank in Pakistan to attain this level of creditworthiness, a development attributed to an enhanced deposit base, increased profitability, and rigorous risk management.

According to The Bank of Punjab, the bank's deposits surpassed PKR 2 trillion in 2025, with operating profit before credit loss allowance nearly doubling, showing a 98.5% increase to PKR 40.7 billion. This growth is attributed to an improved deposit composition and a significant reduction in the cost of funds, leading to robust core earnings, efficient cost management, and careful risk oversight.

"AAA is more than a rating, it is proof of what disciplined, professional banking can build," stated Mr. Zafar Masud, President & CEO of The Bank of Punjab. The institution prides itself on delivering value to shareholders while focusing on financial inclusion, responsible banking, and contributing to the development of Punjab and Pakistan.

BOP has positioned itself as a leader in digital lending and priority-sector finance, including SME, agriculture, women's financial inclusion, and housing. Through initiatives like Asaan Karobar, Kissan Card, Livestock Card, and Apni Chat Apna Ghar, the bank has increased financial access for entrepreneurs, farmers, women, and first-time borrowers across Punjab. The bank expressed gratitude to its majority sponsor, the Government of Punjab, for providing strategic guidance and strengthening BOP's role in provincial growth and inclusion efforts.

"This achievement belongs to our people," Mr. Masud added, acknowledging the support from the Government of Punjab, the Board of Directors, customers, regulators, and shareholders. He also credited the Honourable Chief Minister, Maryam Nawaz Sharif Saheba, for her confidence in BOP and its team. The bank commits to maintaining this momentum, focusing on responsible growth, customer-centric digital innovation, and financial inclusion.