Corporate Information


News and Events

October 2020

The Best Microfinance - CFA

The Bank has been awarded the Best Microfinance runners up for the year 2019 from CFA Society Pakistan in the 17th Annual Excellence Awards ceremony. Mr Amir Khan (CEO FMFB) received this award from the Dr. Reza Baqir (Governor State Bank of Pakistan).

The award recognizes the institutional excellence, service and performance in various categories. CFA Society Pakistan is a member society of the CFA Institute, which is a global organization of Finance and Investment professionals. It administers the prestigious Chartered Financial Analyst (CFA) Program worldwide.



March 2020

Corona Virus Awareness Message

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International Women Day 2020

Like every year, on 9th March, 2020 The First MicroFinanceBank Ltd celebrated “International Women’s Day 2020” to acknowledge and appreciate its women employees’ roles in creating a workplace that is empowering, equal and inclusive. Being an equal opportunity employer, FMFB-P believes that an equal world is an enabled world. Our special thanks to Ms. Fakiha Imran, Senior Lead Consultant from Carnelian who delivered an interactive workshop focusing on various aspects relating to women empowerment. Female leaders from different walks of life were also invited, Ms. Hajra Khan, Captain of Pakistan Women’s National Football Team; Ms. Irum Mumtaz, Founder, Chairperson & Remedial Therapist of Bazeecha Trust; and Ms. Humaira Masihuddin, Advocate High Court, Criminology and Anthropology Consultant who shared their life stories to increase visibility around issues and to start a conversation about gender parity. Check out the highlights of our celebration.

FMFB won GDIB Award 2020

The First MicroFinanceBank Ltd Pakistan is honoured to receive an Award for Best Practices in the category of Recruitment, Retention, Development, and Advancement in Annual GDIB (Global Diversity & Inclusion Benchmarks) Award Conference and 2020; which was held on 4th March 2020 at Marriott Karachi. Mr. Amir Khan (CEO – FMFB) received the award from the Honour Chief Guest (Dr Shamshad Akhtar, Former Governor State Bank). This Award is a testament to our exemplary insight and fortitude in the area of workplace diversity and inclusion aligned with organizational policies. Diversity Hub-HR Metrics organizes GDIB Awards by engaging reputable organizations from all over Pakistan. It is a mechanism to recognize and encourage progressive organizations that use GDIB standards to align Diversity and inclusion with organizational policies and process for sustainable financial and social performance. A five-member jury panel reviewed award submissions and declared 19 organizations as winners in 2020.

October 2019

Breast Cancer Awareness Session

On 22nd October 2019, FMFB celebrated the Breast Cancer Awareness Day in Head Office. The bank collaborated with the Pink Ribbon Foundation, for an exclusive session on reducing the breast cancer mortality, prevention, early detection and increased access to treatment for FMFB women. All the female staffs of HO participated in the event; they wore pink dress for moral support to all females who had breast cancer as well as promote the female health and overcome the fear of cancer. As Pakistan has one of the highest rates of breast cancer in the world, with approximately 1 in 9 women at risk of developing the disease. Mr. Omar Aftab (CEO – Pink Ribbon Foundation) and his team provided the valuable information in the session and clear all the views and stigmas attached with the breast cancer in the question and answer session. Raise awareness about the disease save lives and the survival rate is above 90% if it is early detected and diagnosed. Mr. Amir Masood Khan (CEO – FMFB) along with senior Management also attends the session.

August 2019

FMFB won an Award on 2018 Annual Report

The Institute of Chartered Accounts of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP) jointly organized the “Best Corporate and Sustainability Report Award 2018”. The award ceremony was held on 20thAugust, 2019 in Karachi and different sectors/categories were made to recognize the efforts of the institution in shape of award. The First MicroFinanceBank Ltd won the 2nd position under the category of NBFIS and Modarba of Best Corporate Report 2018 Award.

April 2019

Earth Day Celebration

This year FMFB celebrated the world’s largest environmental event, Earth Day on 26th April 2019. A “Green Office Drive” was launched at the event in order to encourage employees to preserve nature. The Bank distrusted 250+ indoor plants among its employees to demonstrate the importance of a green society and to make this initiative more engaging activities such as decorating pots with jute sheets, ribbons, gravel etc were also organized. The Bank is committed to delivering sustainable financial solutions to clients in order to achieve its pre-set social goal of fostering green environment friendly opportunities to make a substantial impact on the environment. #OnePlanet # OneHome #Connect2Earth #Naturematters

March 2019

13th CMA Awards 2019

Citi Foundation and the Pakistan Poverty Alleviation Fund hosted the 13th Annual Citi Micro Entrepreneurship Awards (CMA) on 12th March 2019, highlighting the achievements of some of the most innovative micro entrepreneurs in Pakistan. The event was presided over by honorable dignitaries of the State Bank of Pakistan (SBP), officials of the Government of Pakistan, officials of Foreign embassies / missions and industry leaders . Five successful clients from The First MicroFinanceBank Ltd won awards; Mr. Dooda Khan (Dera Murad Jamal) – Regional Winner Balochistan, Mr. Nazir Ali Shah (Garam Chashma) – Regional Winner KPK, Mr. Dil Hussain (Shagrame) – Regional Runners up KPK and Mr. Altaf Hussain (Shigar) – Regional Winner Gilgit Baltistan and Muhammad Zaheer Abbas (Shigar) – Regional Runners up Gilgit Baltistan.

Bank celebrated its 17th Anniversary

The First MicroFinanceBank Ltd celebrated its 17th Anniversary on the 11th March 2019 at its Head Office in Islamabad. Talking on the occasion, Amir Masood Khan – President, The First MicroFinanceBank focused on Bank’s vision to deliver a sustainable future through targeted financial services to improve livelihoods across Pakistan and thanked his team and staff for their endless commitment. At the event FMFB’s special logo to commemorate the anniversary was launched and exciting gifts were distributed through balloting among employees over pan Pakistan.

Women Day Celebration

To celebrate women’s empowerment and encourage gender equality,The First MicroFinance Bank arranged a workshop for its female employees on Balance for Better with Fakiha Imran an experienced Facilitator from Carnelian to focus on a gender balanced environment and elevate their voices. All female attendees were presented with a shield and certificate of participation.

February 2019

Seminar on Microfinance Bank opportunities for Students - Faisalabad

The State Bank of Pakistan organized a seminar on “Microfinance Bank Opportunities for Students” at GCUF (Government College University Faisalabad) on 21st February 2019 in order to promote the micro-finance sector. Along with other MFIs, NGOs and other institutes the First MicroFinanceBank Ltd also participated in this event. The event started with remarks of honorable chief guest Mr. Ahsan Kamal – Director (Development Finance Support- SBP), followed by the presentations of the participated organizations. Mr. Waqas Kashif Bajwa – Chief Manager (SBP- Faisalabad), Prof. Dr. Nasir Amin Vice chancellor – GCUF and Dr. Nadeem Sohail – Director (Students Affairs-GCUF) accompanied the chief guest to stall exhibition. More than eleven organizations exhibited their stalls at this seminar. Mr. Mujtaba Ejaz – Area Manager (Central Punjab 2) represented FMFB and gave a presentation on the banks products and services and its special efforts made to facilitate the youth and to boost the economy of the country as “Student Finance” and “Digital Financial Services”. Bank also received great appreciation from the chief guest on FMFB’s stall presentation. The First MicroFinanceBank Ltd won 3 shields at the seminar; the shield of Best Student Finance Initiative in collaboration with UAF (University of Agriculture) was presented by chief guest, while the Best Product Presentation shield was presented by Mr. Muhammad Akbar DCM-AFU and the third shield was awarded for First Position on Best Stall.

August 2018

FMFB Independence Day Photography Winner

July 2018

FMFB Won Gold Price Disclosure Award- MicroFinanza Rating

In July, the First Microfinance Bank – Pakistan had received the “Gold Price Disclosure Award” from MicroFinanza Rating (MFR) – Data Platform. This award demonstrates the FMFB commitment to transparent pricing of products. This award is in line with our mission to expand outreach in a sustainable and responsible manner by creating financial solutions tour customers. This is the fourth award of 2018 year won by FMFB. MicroFinanza Rating (MFR) is a private and independent international rating agency specialized in microfinance, founded in 2000 with a vision to operate in a transparent market as a highly qualified information provider in the field of microfinance and responsible investing.

CMA Awards 2018

June 2018

The First MicroFinanceBank Awarded Smart Certification for Client Protection

The First MicroFinanceBank Awarded Smart Certification for Client Protection Islamabad, Pakistan– 11 June 2018: The First MicroFinance Bank, the pioneer of microfinance banking in Pakistan, has received “ Client Protection Certification ” from The Smart Campaign . The recognition comes after a rigor ous independent review of the Bank’s client protection standards in providing financial products and services. The First MicroFinanceBank called upon Microfinanza Rating (MFR) , an international rating agency specializing in microfinance, with the support from the Pakistan Microfinance Network.

The First MicroFinanceBank is now amongst a select few Micro Finance Banks in Pakistan to have received this recognition of high ethical standards in the treatment of clients. With this achievement, the First MicroFinanceBank takes its place amongst over 100 globally certified institutions as a customer centric organization. “ During its 16 years of service, The First MicroFinanceBank Pakistan has taken several initiatives around customer centricity and client protection ; to be recognized for these efforts is indeed an honour for the Bank . With this recognition, we will further improve our ability to utilize our customer insight, advance our internal processes and lay the foundations to automate differentiated propositions to individual customer s based on what they value .” said Amir Masood Khan, CEO & President of The First MicroFinanceBank. The Smart Campaign is a global effort to embed a set of client-protection principles into the fabric of the microfinance industry. This Certification is awarded to financial organizations that institutionalize the Smart Campaign’s seven Client Protection Principles which include appropriate product design and delivery, prevention of over-indebtedness, transparency, responsible pricing, fair and respectful treatment of clients, privacy of client data, and mechanisms for complaint resolution. The First MicroFinanceBank is the pioneer in the Micro Finance Industry of Pakistan and serves low – income entrepreneurs, small businesses and savers. Earlier this year, the bank launched 10 Digital Access Channels including a Mobile Banking A pp which allows clients to conduct digital payments entirely via their smartphone, including funds transfer, bill payments and top-ups of prepaid cell phone service. The First MicroFinanceBank is committed to be the leader in financial inclusion with an emphasis on serving customers from all segments of society across Pakistan. We believe that today’s investment will enable us to more directly influence the potential in the microfinance sector in Pakistan, accelerate financial inclusion and rapidly scale up our customer base.

April 2018

Genesys Customers Excellence

Chief Digital & Financial Inclusion Officer FMFB Pakistan Mr. Sohail Malik Receiving “Genesys Customers Excellence Award 2018” in Dubai

February 2018

We Are Hiring

We Are Hiring

Karachi Job Fair

Aga Khan Economic Planning Board (AKEPB) recently hosted a special Job Fair to hunt future talent and to introduce these visitors to a myriad of job and internship opportunities offered by 30 reputed organizations, representing multiple industries like banks, telecoms, multinationals, public and private sector. The chief of guest of the Job Fair was Ms. Maya Ismail, Director – The First MicroFinanceBank Ltd.

The First MicroFinanceBank Ltd. along with other organizations had set up a recruiter’s booth to conduct on-spot screening interviews, collect resumes and engage with the visitors in a relaxed setting. The HR Recruitment Team along with Area Management Team of Karachi, conducted over fifty on-spot interviews out of which few were short-listed for current openings and internship programs. They also counseled the applicants regarding their career choices and the job market requirements in Microfinance banks.

The event provided the employers an opportunity to engage with a large pool of talented applicants while enabling these applicants to scout prestigious employment opportunities.

The First MicroFinanceBank: banking beyond branches - Dawn Article

August 2017

FMFB Launches its Social Media Channels

FMFB Launches its Social Media Channels

Facebook: firstmicrofinancebankpk Instagram: firstmicrofinancebankpk Twitter: fmfbpksocial Youtube: UCPLUewJcPpVURbNTy66s-Nw

The First MicroFinanceBank and LFD Join Hands for Enhancing Financial Inclusion.

The First MicroFinanceBank Ltd (FMFB) signed an agreement with LFD (Love for Data) to assist the Bank in its journey for Financial Inclusion and digital transformation. Through this agreement, LFD will work exclusively with FMFB on data science and artificial intelligence as a key part of the Bank’s new vision.

Mr. Amir Masood Khan, President & CEO FMFB, and Mr. Syed Tajammul Hussain CEO LFD, signed the agreement in the presence of Mr. Sohail Malik, Head of DFS & Financial Inclusion at FMFB Head Office, Islamabad.

FMFB was established in 2002 as a nation-wide microfinance bank, licensed by the State Bank of Pakistan, with a strategic aim to address the multi-dimensional causes of poverty. FMFB’s mission is to effect demonstrable, measurable and lasting improvement in the quality of life of target populations in Pakistan. It operates in all provinces of Pakistan including Gilgit-Baltistan and Azad Jammu and Kashmir.

The FMFB offers a range of client-centric microfinance products and services i.e. micro credit, deposits, insurance and other banking services to serve the diverse financial needs of the poor and financially excluded population in rural, urban and peri-urban areas of Pakistan.

Love For Data (LFD) is one of the leading Data Science companies in Pakistan that deals with statistical analytics and artificial intelligence. LFD recently won Pakistan’s first banking innovation challenge with their diverse and customized algorithms for the banking sector.

President & CEO FMFB Mr Amir Masood Khan, said, “FMFB aims at becoming one of the leading microfinance banks in Pakistan’s journey towards financial inclusion and extending the outreach of banking services pan Pakistan. With a lot of work being done globally in Big Data and Internet of Things, it is evident that the future of customer relationship and growth will be through data driven decisions and services. By implementing innovative digitized services, FMFB hopes to drastically increase its customer base and play a key part in the National Financial Inclusion Strategy 2020. We are very excited to partner with LFD, and take advantage of their knowledge of Pakistan’s existing datasets and position ourselves for the digital journey that lies ahead”.

Mr. S. T. Hussain, CEO LFD, said, “In the next few years competitive edge for any organization will depend on how well they utilize their data to increase their business efficiency.

Our mission is to help executives augment intelligence in their decision making through statistical analysis and machine learning techniques. We do this by serving our clients in Banking, FMCG, Healthcare and Retail, build complex algorithms engineered for their business needs. We call it a new art of problem solving.”

Speaking to our correspondent, Mr Sohail Malik, Group Head DFS & FI, FMFB, said “Banking around the world and especially in Pakistan is about to change. We are now getting to a point where artificial intelligence can evolve our existing methodologies and models. To make sure we have a head start, it was important for us to partner with a company like LFD that has built strong credentials with machine learning and artificial intelligence in the banking sector and with its global clientele. LFD is a very important strategic partner in the data driven expansion plan for FMFB and also for the entire group”

April 2017

The First MicroFinanceBank Signs Agreement with TPS Pakistan to enable Digital Payment Platforms

The First MicroFinanceBank Ltd. signed an agreement with TPS, a leading payment solutions company, to upgrade its ATM middlewareand CMS technology.

The signing ceremony was held in the presence of Mr. Amir Masood Khan, CEO and President, The First MicroFinanceBank and Mr. Shahzad Shahid, CEO, TPS. The agreement is in line with the bank’s goal to transform to digital payments infrastructure. The new agreement will see The First MicroFinanceBank issue and acquire EMV Compliant Debit Cards, meeting both the changing regulatory requirements and evolving business needs.

Speaking on the occasion, Amir Masood Khan said “The signing is in part of bank’s commitment to be the leader in financial inclusion with an emphasis on serving customers from all segments of society across Pakistan. We believe that today’s investment will enable us to more directly influence the potential in the microfinance sector in Pakistan, accelerate financial inclusion and rapidly scale up our customer base.”

Shahzad Shahid, CEO, TPS added; “Having won the trust of The First Microfinance Bank, we now look forward to develop a long lasting partnership with the bank. With our experience of digital transformation and our cutting edge payment platform, the bank will have the ability to add new, innovative banking services with quick time to market.”

More than half the population in Pakistan has no access to formal financial services. With its commitment to support the National Financial Inclusion Strategy, The First MicroFinanceBank Ltd intends to introduce targeted digital financial services, which will support its long term vision of improving financial inclusion in Pakistan.

FMFB Participates in Job Fair at FAST- NUCES University

FMFB HR Recruitment team participated in the Job Fair held at Fast University on April 05, 2017. The event was attended by 80 other recruitment teams from renowned organizations. Such events provide an effective platform to promulgate brand awareness amongst the job seekers, students, staff, and other employers, and encourage talented job seekers to prioritize FMFB in their choice of employers.Thirty on-spot interviews were conducted and shortlisted for job openings and internship program of the Bank.

Three clients of FMFB won in the Regional Categories at Citi-PPAF Micro Entrepreneur ship Awards.

1. Client: Mirza Murad from Gahkuch Branch Winner in the Best Regional Entrepreneur Category- GB. Loan Officer: Nizamuddin.

2. Client: Zahid Ali from GarumChashma Branch Runner Up in the Best Regional Entrepreneur Category- KP. Loan Officer: Akhtar Ahmed.

3. Client: Muhammad Ishaq from Shigar Branch Runner Up in the Best Regional Entrepreneur Category- GB Loan Officer: Shakeel Ahmed.

The 11thMicroEntrepreneurship Awards were hosted by Citi Foundation and PPAF on April 4, 2017. This annual event brings together the clients of various microfinance institutions and microfinance banksfrom all across Pakistan whose stories speak of their struggles to break away from social, gender and economic stigmas. Driven by their vision and commitment, these entrepreneurs turn the opportunity of a bank loan/ financial assistance into an ever-lasting transformation in their lives, and have the will to contribute positively to the society as well by helping and empowering those around them.FMFB’s clients have been winning these awards since the inception of this event 11 years ago. FMFB’s focus remains on offering client centric products and services continues that obliterate the lack of economic opportunity to under banked segments of the society, paving way for sustainable growth and development, and building deposits of human and enterprise capital within the country.

February 2017

FMFB holds its Annual Managers’ Conference

FMFB hosted its Annual Conference in Bhurban from February 8 to February 10, 2017. The event brought together the senior management from the Head Office and all the Area Offices of the bank. During various interactive sessions, the departments discussed their strategies and plans. Operations, Business and Risk departments conducted detailed sessions with the team to set the operational focus for the upcoming year. The changes due to the new Oracle Flexcube system remained a prominent part of the discussion. The first two days of the event were reserved for strategic discussion, whereas the activities of the third day focused on team building exercises and motivational exercises to encourage the team to adopt the changes en route to digitization.

The conference theme for the year was “FMFB 2.0: Digitizing the Future”, given the future strategy of the bank to become a Digital MFB. During the conference, the launch of 15th Anniversary celebrations of the bank was announced along with the unveiling of the 15th Anniversary logo that had been designed to depict the commitment of FMFB to serve clients all over Pakistan from all the different segments.

Launch of FMFB VANBank

To serve the marginalized segments in the remotest rural areas of the country, FMFB launched mobile vehicle banking services, under its brand name “VANBank”.

VANBank has been launched with a vision of bringing banking services to the doorsteps of population living in far-flung areas of the northern Pakistan. This channel has been started for multiple areas in Gilgit Baltistan & Chitral Region that has poor infrastructure facilities, and the difficult terrain makes cellular connectivity a continuous issue in the region. The population in these areas is located in isolated villages, and therefore, the area has extremely low penetration of financial institutions. With mostly un-metaled roads, means of transportation is limited to a van leaving in the morning for the nearby town and coming back in the evening – thus giving very little opportunity to the local dweller to commute to commercial centers. The VANBank will take the banking services to this potential clientele in their villages to provide them the facility to open bank accounts and deposit or withdraw cash from their accounts. In addition, the clients will be able to apply for new loans, and the VANBank will have the facility of loan disbursement and collecting repayments. It is envisaged that easy access to financial services will promote economic activity and financial inclusion in the area. In particular, the female clients will be encouraged to take benefit from formal financial services. VANBank is currently offering financial services in Ghizer district mainly in the valleys of Siligan, Thoi, Ishkomen, Immit, Hatoon and Sher Qila. Going forward, this service will be expanded to other regions that share the same infrastructural problems, with the aim to bring greater convenience and accessibility to the clients. FMFB is committed to remain on the front line with its innovative service delivery to reduce financial exclusion.

December 2016

FMFB launched Private Institution Finance under “Banking on Education”

To contribute to the education sector in Pakistan The First MicroFinanceBank Ltd Pakistan (FMFB-P) is working towards establishing a financially inclusive ecosystem by providing supply and demand side support, i.e. access to finance and banking services to both the educational institutions and students and their parents. In this regard, FMFB-P has launched its ‘Banking on Education’ vision. Under Banking on Education, FMFB-P through a specialized Private Institution Finance (PIF) product shall primarily facilitate educational institutions to develop capacities, academic as well as logistics, for imparting quality education and help empower students and their parents to become financially inclusive. See the Products page for more information.

November 2016

MoU Signed between EFU and FMFB-P for Livestock & Crop Loan Insurance Scheme

EFU and FMFB-P have entered into a strategic partnership to offer insurance solutions to safeguard small farmers against unforeseen losses resulting due to natural calamities and diseases of livestock. The MoUs for Crop and Livestock Insurance were signed at a ceremony held at FMFB-P’s Head Office in Islamabad.

October 2016

FMFB-P participates in the “International Day for the Eradication of Poverty”

UN has marked October 17 as the International day for the Eradication of Poverty. This year Pakistan Microfinance Network hosted an event at Lok Virsa Museum, Islamabad to observe this day. The First MicroFinance Bank Ltd. was a silver category sponsor of the event. Seven participants from the head office of FMFB-P attended the event. The forum brought together representatives of microfinance institutions, donor agencies, State Bank of Pakistan and multiple development sector agencies to talk about the progress made towards targeting hunger and poverty eradication, and the challenges faced in this respect. Particular focus of the event was on policies to increase financial inclusion, role of digitization in enhancing financial inclusion, current obstacles and the role donor agencies in the way ahead. FMFB-P set up two stalls at the event. Representatives of prominent microfinance institutions and development sector organizations approached our staff to inquire about products and policies. Particular interest was shown in our insurance and savings products. Our client from Rawalpindi branch, Rehana bibi, displayed her handicrafts at the second stall. FMFB-P invited Mr Habilbullah from Chitral to represent our bank in the event. Habibullah sat in the clients’ panel and talked about his experiences with our bank and elaborated on how access to financial services helped him expand his business and transform his life. Clients were also encouraged to give suggestions from improvement from their experience. Mr. Habibullah is the winner of National Entrepreneur award presented to him at 10th Citi/PPAF Microentrepreneurship Awards (CMA). Habibullah also displayed some clothing items from his shop at our stall which were greatly appreciated

May 2016

FMFB-P Shines at the 10th Citi-PPAF Microentrepreneurship Awards

CEO FMB-P, Amir Masood Khan & members of the Bank’s senior management in a group photograph with winners of 10thCiti-PPAF Microentrepreneurship Awards in a ceremony held in Islamabad.

Five clients supported by The First MicroFinanceBank Ltd Pakistan (FMFB-P) won awards for the success of their innovation entrepreneurial ventures at the 10th Citi/PPAF Microentrepreneurship Awards (CMA) hosted by the Citi Foundation and Pakistan Poverty Alleviation Fund at Islamabad. FMFB-P bagged the first and runner-up positions both at the national and regional levels and was the only organisation to have won the most number of awards at the event. Shields and cash prizes were given to the winners in appreciation of their hard work. Recognition awards were also given out to the loan officers who provided these microentrepreneurs the opportunity to excel:

  • National Entrepreneur – 1st position:

Habibullah from Chitral Region, Abid Ali Khan (Loan Officer)

  • National Entrepreneur – Runner-up:

Shakoor Ali from Baltistan Region, Shujaat Ali (Loan Officer)

  • Regional Entrepreneur (KPK) –

1st position Aisha Nusrat from Chitral Region, Zahira Husain (Loan Officer)

  • Regional Entrepreneur (GB) –

1st position Sakina Bibi from Baltistan, AhmedHussain (Loan Officer)

  • Regional Entrepreneur (GB) –

Runner-up: Marina from Gilgit Region, Najma Ashraf (Loan Officer) The CMA is held every year to illustrate and promote the effective role that microfinance plays in poverty alleviation. It recognises the extraordinary contributions that individual microentrepreneurs have made to the economic sustainability of their families as well as their communities. FMFB-P has been winning the microentrepreneurship awards since the inception of CMA in 2005. Till date, FMFB-P has 15 awards in national and regional categories to its credit as a result of the innovative approaches adopted by our clients to alleviate poverty within their community and improve their quality of life.

Habib Bank Limited become a majority stakeholder

Habib Bank Limited become a majority stakeholder by acquiring 50.50% shares of FMFB.

April 2016

CR-VIS Credit assigned a stable outlook to the entity ratings of The First MicroFinanceBank Ltd Pakistan.

CR-VIS Credit Rating Company Ltd has assigned a stable outlook to the entity ratings of The First MicroFinanceBank Ltd Pakistan. Following a recent review JCR-VIS has upgraded the entity ratings of FMFB-P from ‘A/A-1’ (Single A/A-One) to ‘A+/A-1’ (Single A Plus/A-One). For details please visit click here

March 2016

FMFB-P supported clients won first and runner-up awards at 10th Citi/PPAF Microentrepreneurship Awards (CMA)

Five clients supported by FMFB-P won first and runner-up awards at the national and regional levels at the 10th Citi/PPAF Microentrepreneurship Awards (CMA). Habibullah from Chitral was declared the winner in National Entrepreneur category, while Shakoor Ali from Baltistan Region was the runner-up. Aisha Nusrat from Chitral Region won the award for Best Regional Entrepreneur KPK. The 1st and runner-up awards for Best Regional Entrepreneur (GB) were given to Sakina Bibi from Baltistan, and Marina from Gilgit Region, respectively.

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