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| EconomyOfPakistan » Banking Sector in Pakistan » Micro Finance Banks |
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Micro Finance Banks |
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Pakistan is experiencing a recent boom in its economy as a result of which many new industrial sectors are doing profitable business in the heart of the country. Not only that, the country is prospering in other fields as well,such as in the agricultural field and manufacturing. After a few decades of hard labor, Pakistan will emerge as a developing country with a self sufficient economy. This progress in different areas are a welcome sign for th people of Pakistan and the leading industrial sectors are making good profits. Following the present trend of profit making, several schemes are being employed for providing financial assistance to those who are interested in business. One such popular scheme is the Micro Finance Bank in Pakistan that render monitory help to the small business firms. To know in details about Micro Finance Banks in Pakistan, stay with us.
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In Pakistan, there are several Micro Finance Banks that provide a broad range of financial services like
deposits, loans,money transfers, offering insurance to poor and low-income households, monitory help for fixing up their small scale businesses and a lot more. These Micro Finance Banks are running successfully throughout the country and have become very popular with the low-income group pf people. At present there are four housing finance companies in Pakistan that provide full assistance to those who require financial assistance for small enterprises. These are :
- The First Micro Finance Bank Limited
- Karakuram Bank
- Network Micro Finance Bank
- Pak Oman Micro Finance Bank
- Khushali Bank
- Tameer Microfinance Bank Limited
- Rozgar Micro Finance Bank, Karachi
Among all these Micro Finance Banks, the First Micro Finance Bank Ltd. is the most popular one in Pakistan. At present Agha Khan Development Network is the proprietor of First Micro Finance Bank Limited.
For further queries on Banking Sector in Pakistan log on to www.economyofpakistan right now.
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