HBL Microfinance Bank Ltd (HBL MfB) is a Pakistani

microfinance Microfinance consists of financial services targeting individuals and small businesses (SMEs) who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; saving ...

bank headquartered in

Islamabad Islamabad (; , ; ) is the capital city of Pakistan. It is the country's tenth-most populous city with a population of over 1.1 million and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Bu ...

. 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 The Aga Khan Rural Support Programme (AKRSP) is a private, non profit organization, established by the Aga Khan Foundation in 1982 to help improve the quality of life of the villagers of Gilgit-Baltistan and Chitral. It is a Non Governmental Orga ...

(AKRSP), a development programme active in

Gilgit-Baltistan Gilgit-Baltistan (; ), formerly known as the Northern Areas, is a region administered by Pakistan as an administrative units of Pakistan, administrative territory and consists of the northern portion of the larger Kashmir region, which has b ...

and

Chitral Chitral () is a city situated on the Kunar River, Chitral River in northern area of Khyber Pakhtunkhwa province of Pakistan. It serves as the capital of the Lower Chitral District, and was previously the capital of Chitral District, and before ...

Major Shareholding

HBL has a majority stake in the bank.

References

Aga Khan Development Network Microfinance companies of Asia Banks established in 2002 Microfinance banks in Pakistan Companies based in Islamabad {{asia-bank-stub