Which microfinance bank is best in Pakistan?
Which microfinance bank is best in Pakistan?
Khushhali Microfinance Bank Limited (KMBL)
Khushhali Microfinance Bank Limited (KMBL) has been awarded “The Best Microfinance Bank of Pakistan” for the third consecutive time by Institute of Bankers Pakistan.
What is Mmbl Pakistan?
MMBL is Pakistan’s largest digital bank with over 39 million registered users, including over 15 million active digital wallets. Backed by a multinational telecommunication services company – VEON Ltd., MMBL is a sister concern of Jazz and is a leading player in lending to small and medium-sized enterprises.
How many microfinance banks are in Pakistan?
six Microfinance Banks
At present, six Microfinance Banks (MFBs) are operating in the country. Besides MFBs, there are 14 other microfinance institutions (MFIs) including Rural Support Programs (RSPs), Non-Government Organizations (NGOs) and Commercial Financial Institutions (CFIs), as detailed in Box 11.1.
Is Mobilink Microfinance Bank and jazz cash are same?
JazzCash, formerly known as MobiCash, is a Pakistani mobile wallet, mobile payments, and branchless banking services provider. It was launched in 2012 as MobiCash by Mobilink (now Jazz) in partnership with their subsidiary bank Mobilink Microfinance Bank. It has a market share of 64 percent in mobile money activity.
Who is the owner of Apna Bank?
. Muhammad Akram Shahid
Corporate Information
| CHAIRMAN/DIRECTOR | Mr. Muhammad Akram Shahid |
|---|---|
| DIRECTOR | Mr. Imad Mohammad Tahir Mr. Muhammad Saleem Shaikh Mr. Muhammad Asghar Mr. Syed Rahat Ali Shah Mr. Javaid Sadiq Mr. Abdul Aziz Khan Ms. Parveen Akhter Malik |
| PRESIDENT / CHIEF EXECUTIVE OFFICER | Mr. Wajahat Malik |
| COMPANY SECRETARY | Mr. Rafat Abbas |
What is waseela account?
Waseela Microfinance Bank has been renamed to Mobilink Microfinance Bank and its branchless banking service has been rebranded as Jazzcash from Mobicash. Move is inline with strategic move by Vimplecom, parent company of the bank and Mobilink in Pakistan.
What is Micro Finance bank?
Microfinance is a banking service provided to unemployed or low-income individuals or groups who otherwise would have no other access to financial services. Microfinance allows people to take on reasonable small business loans safely, and in a manner that is consistent with ethical lending practices.
Which country is owner of Jazz?
Pakistan
Jazz (mobile network operator)
| dunya ko bataa do (lit. “tell the world”) | |
|---|---|
| Jazz Headquarters in Islamabad, Pakistan | |
| Founded | 1994 as a joint venture between Saif Group and Motorola Inc. |
| Headquarters | Islamabad , Pakistan |
| Area served | Pakistan |
How many branches does Apna Bank have?
The Bank has been operating at national level in Pakistan with 127 business locations comprising of 116 branches and 11 service centers in operation.
