Misplaced Pages

HBL Microfinance Bank

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
(Redirected from First MicroFinance Bank-Pakistan) Bank in Pakistan For other banks with a similar name, see First Bank (disambiguation).
HBL Microfinance Bank
Company typeUnlisted public company
IndustryMicrofinance
Founded2002; 22 years ago (2002)
Key people
RevenueIncrease Rs. 35.491 billion (US$120 million) (2023)
Net incomeDecrease Rs. 451.249 million (US$1.6 million) (2023)
Total assetsIncrease Rs. 157.478 billion (US$550 million) (2023)
Total equityIncrease Rs. 14.217 billion (US$49 million) (2023)
OwnerHabib Bank Limited (79.92%)
Number of employees3,724 (2022)
ParentHabib Bank Limited
Websitehblmfb.com
Footnotes / references
Financials as of 31 December 2023

HBL Microfinance Bank Ltd (HBL MfB) is a Pakistani microfinance bank headquartered in Islamabad. HBL MfB operates over 200 locations all over Pakistan. It is one of the oldest microfinance bank in the country with its roots in the credit and saving section of the Agha Khan Rural Support Program (AKRSP).

History

HBL Microfinance Bank (HBL MfB) was founded as The First MicroFinanceBank Ltd, Pakistan (FMFB-P) in 2002. It was created through a structured transformation of the credit and savings section of the Aga Khan Rural Support Programme (AKRSP), a development programme active in Gilgit-Baltistan and Chitral.

Major Shareholding

HBL has a majority stake in the bank.

Major Shareholding
Shareholding Percent Stake
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%

References

  1. "HBL Annual Report 2023" (PDF). hbl.com. Retrieved 25 March 2024.
  2. "Shareholders | HBL Microfinance Bank Ltd". Archived from the original on 2019-12-18.
  3. "About FMFB | HBL Microfinance Bank Ltd". Archived from the original on 2019-12-13.
  4. Reporter, The Newspaper's Staff (2016-05-26). "Habib Bank acquires 51pc FMFB shares". DAWN.COM. Retrieved 2021-05-11.
  5. "Aga Khan meets Musharraf". DAWN.COM. March 11, 2002.
  6. "HBL Microfinance Bank Annual Report 2022" (PDF). www.hblmfb.com. 31 December 2022. Retrieved 22 November 2023.
Habib Bank Limited
People The logo of HBL
Subsidaries
Sports
Buildings
Former
Pakistan Banking in Pakistan
Central bank
Big Four
Commercial banking
Public sector
Private sector
Microfinance
Islamic banking
House building
Savings Bank
Foreign banks
Defunct banks
See also
Category
Aga Khan Fund for Economic Development
People The logo of AKFED
Finance
Media
Telecom
Hospitality


Stub icon

This Asian bank-related article is a stub. You can help Misplaced Pages by expanding it.

Categories: