Microfinance banks are a type of bank that support individuals and small and medium-sized businesses through small and easy loans and business support. Microfinance banks play a critical role in building any country’s economy, especially the lower class.
1. Telenor Microfinance Bank
2. U Bank Microfinance Bank
3. Sindh Microfinance Bank Limited
4. Finca Microfinance Bank
5. Khushhali Microfinance Bank
6. Apna Microfinance Bank
7. The First Microfinance Bank Limited
8. Pak Oman Microfinance Bank
9. Advans Pakistan Microfinance Bank
10. NRSP Microfinance Bank
11. Mobilink microfinance bank
Telenor Microfinance Bank
Telenor Microfinance Bank is in cooperation held by Telenor Group, the topmost telecommunications company in the Nordic countries and Asia with 186 million customers, and Ant Group, an associate of the Alibaba Group and the operator of a digital standard platform, Alipay. With a distribution network of more than 150 thousand agents and points of contact nationwide
U Bank Microfinance Bank
Pakistan Telecommunication Company Limited subside U Microfinance Bank Ltd. (U Bank). The bank has a system of more than 200 points of communication in 183 cities and rural areas of Pakistan and deals a wide range of microfinance loans, deposit products and branchless banking keys. U Bank branchless banking offers facilities under the U Paisa banner in partnership with Ufone (Pak Telecom Mobile Limited).
Sindh Microfinance Bank Limited
Sindh Microfinance Bank (SMFB) is an entirely owned subordinate of Sindh Bank. SMFB obtained the NOC from the State Bank of Pakistan (SBP) and was assimilated into the Safeties and Exchange Commission of Pakistan (SECP) on March 27, 2015.
Finca Microfinance Bank
The Bank’s core business is to provide microfinance services to poor and underserved segments of society, as envisaged in the Microfinance Institutions Ordinance, 2001. After purchase by FINCA International the Bank has transformed its name from Kashf Microfinance Bank Limited to FINCA Microfinance Bank Limited for the duration of the year as of November 25, 2013.
Khushhali Microfinance Bank
Khushhali Bank Limited is the first microfinance bank based in Islamabad, Pakistan. It was founded in 2000. It was part of the poverty reduction strategy of the Government of Pakistan and was developed with the facilitation of the Asian Development Bank.
Apna Microfinance Bank
Apna Microfinance Bank is managed by a group of highly experienced bankers committed and specialized in providing financial services to the underprivileged / marginalized poor, including the economic empowerment of women and micro-entrepreneurs in agricultural enterprises and micro-enterprises in rural Pakistan.
The First Microfinance Bank Limited
First MicroFinanceBank Ltd, Pakistan (FMFB-P) was established in 2002 as a nationwide microfinance bank, licensed by the State Bank of Pakistan … FMFB-P was created through an organized alteration of the credit and savings from the Aga Khan Rural Support Program (AKRSP), an incorporated development program to discover the microfinance sector in the country since 1982 in Gilgit-Baltistan and Chitral. FMFB-P was reputable with the mission of responding to poverty and donating to the social and economic well-being of society by providing opportunities to thousands of disadvantaged households.
Pak Oman Microfinance Bank
The Pak Oman MicroFinance Bank facilitates the poor and underserved sections of society as envisioned in the Microfinance Institutions Ordinance 2001. As of December 31, 2019, the bank has 65 branches and service centers, located in all provinces of Pakistan except Gilgit Baltistan, including the federal capital Islamabad, and is allowed to operate throughout the country.
Advans Pakistan Microfinance Bank
Advans Pakistan Microfinance Bank Bring customer-centric financial services to micro, small and medium-sized businesses and underserved populations in a maintainable and responsible manner.
NRSP Microfinance Bank
NRSP Microfinance Bank Ltd. is one of the important microfinance banks in Pakistan. It started processes in March 2011 with a solid social mission of providing financial facilities to poor and relegated clients, including small and landless farmers. The Bank also offers excellent banking services to its respected clients, including government and private organizations.
Mobilink Microfinance bank
Mobilink Microfinance Bank Ltd. is the largest digital bank in Pakistan with more than 31 million registered users, including 14 million active monthly digital wallets. Backed by a multinational telecommunications services company, VEON Ltd., MMBL is a sister company to Jazz and a leading player in lending to small and medium-sized businesses.