Company type | Unlisted public company |
---|---|
Industry | Microfinance |
Founded | 2002 |
Key people | |
Revenue | Rs. 35.491 billion (US$120 million) (2023) |
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 [update] [1] |
HBL Microfinance Bank Ltd (HBL MfB) is a Pakistani microfinance bank headquartered in Islamabad. [2] [3] HBL MfB operates over 200 locations all over Pakistan. It is one of the oldest microfinance bank in the country [4] with its roots in the credit and saving section of the Agha Khan Rural Support Program (AKRSP).
HBL Microfinance Bank (HBL MfB) was founded as The First MicroFinanceBank Ltd, Pakistan (FMFB-P) in 2002. [5] 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.
HBL has a majority stake in the bank. [6]
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% |
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