HBL Microfinance Bank
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For other banks with a similar name, see First Bank.
First MicroFinance Bank-Pakistan (FMFB-P) was established in 2002 as a nationwide microfinance bank, licensed by the State Bank of Pakistan. FMFB-P was created through a structured transformation of the credit and savings section of the Aga Khan Rural Support Programme’s (AKRSP), an integrated development programme to pioneer the microfinance sector in the country since 1982 in Gilgit-Baltistan and Chitral.
FMFB operates in all provinces of the country i.e. Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan and Gilgit-Baltistan.
Currently there are 83 full service branches, 6 POLs, and 50 Pakistan Post sub-offices, all over Pakistan.[citation needed]
FMFB-P has given a total loans of Rs 33 billion since its inception, serving 1.48 cumulative[clarification needed] cumulative loan clients.[citation needed]