Company type | Unlisted public company |
---|---|
Industry | Microfinance |
Founded | 2002; 22 years ago (2002) |
Key people | |
Revenue | Rs. 35.491 billion (US$120 million) (2023) |
Net income | Rs. 451.249 million (US$1.6 million) (2023) |
Total assets | Rs. 157.478 billion (US$550 million) (2023) |
Total equity | Rs. 14.217 billion (US$49 million) (2023) |
Owner | Habib Bank Limited (79.92%) |
Number of employees | 3,724 (2022) |
Parent | Habib Bank Limited |
Website | hblmfb |
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.
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
- "HBL Annual Report 2023" (PDF). hbl.com. Retrieved 25 March 2024.
- "Shareholders | HBL Microfinance Bank Ltd". Archived from the original on 2019-12-18.
- "About FMFB | HBL Microfinance Bank Ltd". Archived from the original on 2019-12-13.
- Reporter, The Newspaper's Staff (2016-05-26). "Habib Bank acquires 51pc FMFB shares". DAWN.COM. Retrieved 2021-05-11.
- "Aga Khan meets Musharraf". DAWN.COM. March 11, 2002.
- "HBL Microfinance Bank Annual Report 2022" (PDF). www.hblmfb.com. 31 December 2022. Retrieved 22 November 2023.
Habib Bank Limited | ||
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Banking in Pakistan | |||||
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Central bank | |||||
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Commercial banking |
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Microfinance | |||||
Islamic banking | |||||
House building | |||||
Savings Bank | |||||
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Defunct banks | |||||
See also | |||||
Category |
Aga Khan Fund for Economic Development | ||
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People |
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Finance | ||
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Telecom | ||
Hospitality |
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