HBL Microfinance Bank | |
Type: | Unlisted public company |
Industry: | Microfinance |
Key People: | |
Revenue Year: | 2023 |
Net Income Year: | 2023 |
Equity Year: | 2023 |
Assets Year: | 2023 |
Num Employees: | 3,724 |
Num Employees Year: | 2022 |
Owner: | Habib Bank Limited (79.92%) |
Parent: | Habib Bank Limited |
Footnotes: | Financials [1] |
HBL Microfinance Bank Ltd (HBL MfB) is a Pakistani microfinance bank headquartered in Islamabad.[2] [3] HBL MfB operates over 200 locations all over Pakistan. It is one of the oldest microfinance bank in the country[4] with its roots in the credit and saving section of the Agha Khan Rural Support Program (AKRSP).
HBL Microfinance Bank (HBL MfB), formerly The First MicroFinanceBank Ltd, Pakistan (FMFB-P), was established in 2002 as a nation-wide microfinance bank, licensed by the State Bank of Pakistan. HBL MfB was created through a structured transformation of the credit and savings section of the Aga Khan Rural Support Programme (AKRSP), an development programme active in Gilgit-Baltistan and Chitral.
HBL has a majority stake in the bank.[5]
Habib Bank Limited (HBL) | 76.42% | |
Aga Khan Agency for Microfinance (AKAM) | 14.16% | |
Aga Khan Rural Support Programme (AKRSP) | 5.23% | |
Japan International Cooperation Agency (JICA) | 4.19% |