Lahore, Pakistan – November 14, 2023 – FINCA Microfinance Bank is taking initial steps to explore a potential merger or acquisition with TPL Corp, Abhi Limited, with a non-binding letter of intent, subject to the approval of the State Bank of Pakistan (SBP). The two organizations share a commitment to financial inclusion in Pakistan and […]
FINCA Microfinance Bank, Limited (FINCA Pakistan) is taking initial steps to explore the viability of a merger with Apna Microfinance Bank, Limited (Apna). Both banks share the ambition of alleviating poverty throughout the country. The two banks have signed a non-binding letter of intent in this regard and have been granted approval by the State […]
Karandaaz and FINCA Microfinance Bank signed an agreement to undertake joint efforts to advance women’s financial inclusion in Pakistan. The MOU signing ceremony took place at FINCA Pakistan’s Head Office in Lahore and was chaired by CEO FINCA Microfinance Bank, Mr. Jahanzeb Khan, CEO Karandaaz, Mr. Waqas ul Hasan. The ceremony was also attended by […]
As part of its mission to provide innovative and impactful financial solutions to enable low-income individuals to invest in their futures, FINCA Microfinance Pakistan Ltd. partners with Vital Green, to provide financing to farmers who are part of the value chain of Vital Green. The MOU signing ceremony took place at FINCA Pakistan’s Head Office […]
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By: Eric Bank Our experts and industry insiders blog the latest news, studies and current events from inside the credit card industry. Our articles follow strict editorial guidelines. FINCA Impact Finance (FIF) is a company engaged in socially responsible banking and microfinance services to help low-income individuals and businesses around the world. It runs a network of […]
KARACHI: Pakistan’s microfinance sector is on the road to recovery, the head of the Pakistan Microfinance Network said this week, after the collection of loans ground to a halt in April as the South Asian nation came to terms with a fast-growing coronavirus crisis. Alternative lending companies and microfinance banks across Asia have been scrambling […]
Continuing with the spirit of helping the nation to combat COVID-19 pandemic, FINCA Microfinance Bank (Pakistan) made a donation to The Institute of Public Health, Punjab (IPH) for arranging diagnostic COVID 19 kits. The donation was presented by Mubashar Bashir, CFO, FINCA Pakistan, to Chairman Board of Management, Institute of Public Health, Lt. Gen. (Rtd.) […]
Contribution of PKR 2 Million presented to Foreign Minister of Pakistan, Makhdoom Shah Mahmood Qureshi Playing its role in supporting the nation in times of crisis, FINCA Microfinance Bank Pakistan and its employees donated PKR 2 Million to the Prime Minister’s COVID 19 Relief Fund. This was a part of a local initiative in which […]
FINCA Impact Finance President and CEO Andrée Simon describes steps taken to protect the health and safety of customers and staff worldwide. The COVID-19 pandemic has been a disruptive force that has changed the way we go about life, how we interact with one another and how we do business. FINCA Impact Finance (FIF), a global network of […]
[Karachi: 11th February 2020]: As a part of its corporate social responsibility initiatives, FINCA Microfinance Bank Pakistan participated in this year’s ILMATHON 2020 pledging to sponsor 1 year education of 18 students in collaboration with The Citizens Foundation (TCF). ILMATHON took place on Sunday, 9th February 2020 in celebration of TCF completing 25 years. The walk for a cause aimed to […]
Loan Facility Will Support Lending by FINCA Pakistan FINCA Microfinance Bank Pakistan announced that it has secured an 8-year, PKR 800 million Tier II/subordinated bilateral loan facility from Pakistan Microfinance Investment Company (PMIC). The facility marks an inaugural Tier 2 transaction by PMIC and will be used by FINCA Pakistan to support its balance sheet […]
LAHORE, 19th MAY 2018: FINCA, one of Pakistan’s leading micro-finance banks, organised a ‘Financial Literacy Programme’ for its customers and members of the general public. The aim of the video-based awareness programme, held at FINCA’s Johar Town Branch, was to educate customers about financial services and raise awareness about microfinance banks amongst those members of […]
LAHORE, 17th MAY, 2018: FINCA Microfinance Bank has partnered with AutoSoft Dynamics (Pvt.) Limited (AutoSoft) to implement the “AutoBANKER Premium – Global Banking System” to automate its operations in Pakistan. The product suite comprises of a state of the art Core Banking Platform with multiple vertical niche products that includes Consumer Financing, Fixed Assets, Treasury […]
Gilgit: FINCA Microfinance Bank opens its latest branch in the scenic city of Gilgit, reinforcing its pledge to remain one of the fastest growing microfinance bank in the country. With this addition, FINCA Pakistan has broadened its outreach to 108 Pakistani cities through 120 branches. The branch was inaugurated by Ms. Zar Wardak, VP & […]
LAHORE: FINCA Microfinance Bank sponsored the ‘Women in Business and Leadership Conference’ (WIBCON) 2018. The conference allowed FINCA a platform to highlight the initiatives it has undertaken to increase gender diversity and encourage women empowerment within the organization. More than 5,000 working women from all over Pakistan were present at the conference. The conference had numerous panel […]
FINCA Pakistan has announced a strategic partnership with Karandaaz Pakistan, a non-profit finance generating organization for small businesses and individual’s financial inclusion. The first of its kind initiative between Karandaaz and a DFSP (Digital Financial Services Provider) – SimSim, will enable a new way of digital financial services in Pakistan. The yearlong partnership is aimed at developing […]
ISLAMABAD: FINCA Microfinance Bank signs an MoU with Benazir Income Support Programme (BISP) for women empowerment and financial inclusion, at the BISP Headquarters in Islamabad. The initiative is aimed at increasing female financial inclusion footprint and graduation of BISP beneficiaries to women entrepreneurs. BISP will leverage FINCA’s Digital Financial Services, including SimSim, a digital mobile wallet which offers easy […]
Lahore: FINCA Microfinance Bank Ltd, one of the leading microfinance banks in Pakistan, celebrated its 10th anniversary in Pakistan. The celebrations kicked off with an exclusive and colourful event in Lahore. At the event, FINCA reaffirmed its resolution to become a leading force to bring financial inclusion to Pakistan. The event was attended by the FINCA’s […]
Lahore: FINCA Microfinance Bank Ltd, one of the fastest growing microfinance banks in Pakistan, kicked off the New Year with a resolution to become a completely digital and data-driven organisation in the year 2018. The resolution was announced during the Azm-e-FINCA 2018 event, held on the first day of the New Year at the Peeru’s Cafe in Lahore. […]
PPTFC Will Fund On-lending to Small Businesses FINCA Microfinance Bank announced the registration of PKR 1,500 million Privately Placed Term Finance Certificate (PPTFC), furthering its strategy of diversifying its funding base to promote financial inclusion. This is the first PPTFC offering for FINCA Microfinance Bank in Pakistan and the denomination of each electronic instrument will […]
FINCA Microfinance Bank and The City School officially entered into an agreement on the proposed SimSim’s Corporate Business Solution for School Fee Collection on 29th September, 2017. Parents of approximately 75,000 students will be benefited through this collaboration as they will now be able to instantly pay their child School Fee via SimSim Mobile Wallet without any hassle anytime from […]
Lahore: FINCA, one of the fastest growing micro finance banks in Pakistan, has selected Analytics (Private) Limited (APL) as a strategic partner to power its journey towards becoming a data-driven organization. This partnership will be enabled by IBM’s analytic platform which consists of market leading business intelligence and data manipulation tools. FINCA takes pride in being an early […]
Karachi: FINCA Microfinance Bank signed an agreement with 1LINK (Guarantee) Limited, the largest inter-bank payment network service provider to issue PayPak Debit Cards. PayPak is the first domestic payment scheme in Pakistan. With this collaboration, FINCA has added on to its portfolio of providing digitized products to its customers. This partnership will allow FINCA Microfinance Bank to […]
Lahore: FINCA, one of the fastest growing microfinance banks in Pakistan, has signed a Memorandum of Understanding with The City School for the payment of school fees through smartphones to make the process easy for parents. This collaboration introduces an innovative system of payment for parents whose children are studying in The City School. By using […]
Karachi, 26th July 2016: FINCA Microfinance Bank, one of the fastest growing microfinance banks in Pakistan, in partnership with Finja, internationally funded FinTech startup, announced the movement to make digital commerce and payments free in Pakistan. SimSim, a mobile payment platform, was introduced at its launch event last night at Mohatta Palace, Karachi. The event […]
LAHORE – MAY 27, 2017: Pakistan’s first free mobile wallet, SimSim, received regulatory approval from the State Bank of Pakistan on Friday, 12th May, 2017. The approval was granted under the Branchless Banking Regulation framework formulated by SBP. SimSim is a collaboration between FINCA Microfinance Bank Limited and FINJA Pvt. Limited. This is the first […]
May 11, 2017, Lahore and Washington, DC –FINCA Microfinance Bank in Pakistan, one of the fastest growing in the country, announced today it received the Smart Certification recognizing its deep commitment to client protection. FINCA Microfinance Bank in Pakistan joins FINCA Impact Finance subsidiaries in Kyrgyzstan, Georgia and Kosovo in receiving this recognition of high […]
JCR-VIS Credit Rating Company Limited has upgraded the entity ratings of FINCA Microfinance Bank Limited. The short term credit rating has increased from A-2 to A-1. Meanwhile, the long term rating has been boosted from A- to A. These are encouraging signs for the current outlook and future growth of FINCA in Pakistan. Our outlook on […]
FINCA Microfinance Bank organized a financial awareness session in a small village just outside of Talagang. This gathering was part of a series aimed at increasing the financial know-how of communities in and around the areas where FINCA serves. The event was attended by more than a dozen people from the village. The event was […]
FINCA Pakistan’s Clients and Employees Win Accolades at 9th Citi-PPAF Micro-entrepreneurship Awards The Citi Micro-entrepreneurship Awards has invested more than $17.3 Million in microfinance networks and institutions spanning more than 30 countries, awarding $8 Million through this program to almost 6,000 entrepreneurs worldwide. Launched in 2005, the Citi Microentrepreneurship Awards program is a signature initiative […]
Breaking stereotypes Pakistan is one nation where running the house is primarily a man’s responsibility. And normally majority of our women are engaged in house hold chores. But what happens to these women when the men in their family are no longer able to provide for them? Should they continue to live in misery? The […]
FINCA Microfinance Bank Ltd, Pakistan’s leading microfinance bank, has announced appointment of Mr. Shahid Maqsood as Chief Operating Officer, Mr. Fawad Younus as Head of Marketing and ADC Strategy and Mr. Dmitry Bogatyrev as Chief Financial Officer. These new additions strengthen the FINCA team, bringing a wide array of experience, exposure and expertise to enhance […]
It’s official! Six months after closing the deal that gave FINCA a majority stake in the bank formerly known as KMBL, the Pakistan institution has been officially renamed and rebranded as FINCA Microfinance Bank Ltd. In 50 cities all over Pakistan, the signboards and fascia of every Bank location were replaced with signage carrying the […]
FINCA Microfinance Bank Limited is part of the FINCA Impact Finance Network, a group of 20 microfinance and financial institutions that provides socially responsible financial services and enables low-income entrepreneurs and small business owners to invest in the future. ©2025 FINCA Pakistan
