HBL acquires majority share in First Microfinance Bank

May 24, 2016 Off By Web Desk

Karachi: HBL has acquired a 51% majority shareholding in the First Microfinance Bank Limited (FMFB), the first and oldest microfinance bank in Pakistan with a presence in over 150 locations covering 66 districts.
FMFB’s roots lie in the credit and savings programmes of the Aga Khan Rural Support Program (AKRSP) dating …