Tag: Microfinance

The Telenor Group has increased its shareholding in Tameer Microfinance Bank to 100 per cent, which makes the country’s first and largest microfinance bank...

ISLAMABAD Finance Minister Ishaq Dar on Wednesday directed the Pakistan Poverty Alleviation Fund (PPAF) to focus on devising microfinance structures for the areas which have...

Finance Minister Ishaq Dar on Monday said poverty alleviation is one of the key objectives of the economic agenda of the PML-N government and...

Contrary to the other parts of the world, microcredit sector has witnessed a robust growth in Pakistan, which has been ranked by the Economic...

The State Bank of Pakistan (SBP) has decided to introduce the Export Finance Facility for Locally Manufactured Machinery (EFF-LMM) with a view to promoting...

The State Bank of Pakistan (SBP) has allowed microfinance providers (MFPs) to mobilise funding from non-bank sources and the capital market under the Microfinance...

Yaseen Anwar Governor State Bank of Pakistan (SBP) has said that Microfinance-exclusive Credit Information Bureau (MF-CIB) would help microfinance banks (MFBs) and microfinance institutions...

Khair Mohammad Junejo is no longer the chairman of Network Microfinance Bank (NMFB) as the entire management of the bank has been changed, it...

Branchless Microfinance Initiative is a part of the “Pre-Transformation Capacity Building” courtesy State Bank of Pakistan and its Institutional Strengthening Fund (ISF). Asasah is...

The existing studies on the impact of microfinance in Pakistan have looked at the impact of microcredit on clients and have not studied the...

So-called “impact investors” – providers of capital to businesses that solve social challenges while generating a profit – are the current rage in economic...

The State Bank of Pakistan (SBP) has withdrawn the General Provision Requirements (GPRs) for the loans extended by microfinance banks (MFBs) against gold or...

The Pakistan Poverty Alleviation Fund (PPAF), a non-profit company, has signed an equity fund agreement with the Jinnah Welfare Society (JWS) for providing microfinance...

Microfinance sector in Pakistan is facing multiple internal and external challenges, despite due importance from the government. Studies suggest that internal weaknesses of microfinance...

KARACHI - Pakistan Poverty Alleviation Fund (PPAF) and Pakistan Microfinance Network (PMN) have joined hands to launch an online platform that will allow microcredit lenders and other stakeholders to assess competitive situation in their specific markets.
A statement issued by PPAF on Sunday stated that in an agreement to this effect was signed between by PPAF CEO/MD Qazi Azmat Isa and PMN CEO Mohsin Ahmad. International Fund for Agricultural Development (IFAD) Mission Leader

ISLAMABAD - The International Finance Corporation (IFC) is improving access to finance for Pakistani farmers by investing in the upgradation of the National Rural Support Programme's (NRSP) micro-credit arm into a regulated, deposit microfinance bank.
IFC will acquire a stake of up to 16 percent in the new NRSP Microfinance Bank to support the bank's operation of providing farmers with access to crop and livestock loans, develop deposit products to encourage savings and enhance

KARACHI - The State Bank of Pakistan (SBP) has allowed NRSP Microfinance Bank (NRSP-MFB) to commence its countrywide operations as a microfinance bank, the central bank said on Thursday. Earlier, the central bank had issued a license to the bank that is envisaged to provide increased inclusive financial services in the country's rural areas. Licensing of NRSP-MFB was the result of gradual transformation of National Rural Support Program (NRSP) into microfinance bank. The NRSP-MFB has