HBL acquires majority share in First Microfinance Bank

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 ...