Microfinance Banks in Pakistan

Following are the major microfinance banks operating in Pakistan:

Khushhali Bank Limited - It was founded in August 2000 as the country's first licensed microfinance institution. With its headquarters in Islamabad, Khushhali Bank Limited operates under the supervision of the State Bank of Pakistan and various central (Commercial) banks are its shareholders. It is the largest microfinance institution in Pakistan in terms of coverage, with operations span across all the four provinces of the country, Jammu and Kashmir and the Federally Administered Tribal Areas.

Kashf Microfinance Bank Limited - It is a microfinance bank with major equity investment from Kashf Holdings (Pvt) Limited (KHL) and remaining by international investors including International Finance Cooperation, ShoreCap International Ltd., WWB Microfinance Equity Fund, L.P, Triodos Fair Share Fund and Stitching Triodos Doen. Its vision is to become Pakistan's leading microfinance bank serving all to become a prosperous, equitable and poverty free Pakistan.

Pak Oman Microfinance Bank - It was inaugurated on May 21, 2006, and has been jointly sponsored by the Sultanate of Oman and the Pak Oman Investment Company. The bank offers a range of micro credit and micro savings products and services and aspires to become an engine of job creation to the under priviliged segments of the society.

Network Microfinance Bank Limited - The Bank started its operation on 1 January 2005 as a Public Limited Company Listed on Karachi Stock Exchange. It is the first Microfinance bank in Pakistan to have started micro housing loans; the first Microfinance bank listed on The Karachi Stock Exchange; the first Microfinance institution to offer normal chequing, saving and current account banking facilities; and the first Microfinance bank to start mobile branch banking.

Rozgar Micro Finance Bank Ltd (RMFB) - It was incorporated at Karachi as a public company limited by shares, under the Companies Ordinance, 1984. RMFB has been sponsored by senior bankers, chartered and management accountants, businessmen, industrialists, business executives and professionals with multidimensional expertise and experience.

NRSP Microfinance Bank Limited - The Bank commenced operations in March 2011. Its vision is to become country leader for providing viable financial products and services to low income markets in the country while at the same time achieving strong financial performance.

Tameer Microfinance Bank Limited - It is a private commercial Microfinance bank, providing a complete range of banking services like savings, funds transfers, checkbooks, etc.

First Micro Finance Bank - It is a banking and loan institution of Aga Khan Agency for Microfinance.

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn