Company Profile

Advans Pakistan Microfinance Bank (Advans Pakistan MFB) is the 6th Greenfield of the group Advans SA.  Advans SA Sicar that holds 70% share capital of the bank. It is incorporated in Luxembourg as an investment company in risk capital (SICAR) and supervised by the Commission de Supervision du Secteur Financier (CSSF), Luxembourg's financial supervision authority.

Advans Pakistan MFBL was incorporated as a public limited company under the Companies Ordinance, 1984 on April 17, 2012 and was granted license by the State Bank of Pakistan on June 28, 2012 to operate as microfinance bank in the province of Sindh.

The Bank’s aim is to provide microfinance banking and related services to the poor and underserved segment of the society as envisaged under the Microfinance Institutions Ordinance, 2001. The registered office of the Bank is situated at Ground Floor, Bahria Complex 1, Lalazar Area, Moulvi Tamizzuddin Khan Road, Karachi. As at December 31, 2013, the Bank has 3 branches and 1 permanent booth in the province of Sindh. As a registered microfinance bank, Advans Pakistan MFBL offers range of financial services to micro, small and medium-sized enterprises (MSMEs): Loans to MSMEs from PKR 10,000 to PKR 500,000. 

NEWS


Most innovative Enhanced Credit Cover and Credit Health being launched in Pakistan

Credit Health being launched in Pakistan:

Shadman Town Permanent Booth Opening:

February, 2014 - Advans Pakistan MBL opened its 1st Permanent Booth in Shadman Town #2. The Permanent Booth will provide easier access to our clients living in Shadman, New Karachi & Buffer Zone.

 

 

Advans Pakistan Awarded the "Pricing Transparency" award by Pakistan Microfinance Network & Microfinance Transparency..Click here

 

Advans Pakistan Launched 3rd Branch at Nazimabad # 3:

July 11, 2013 - Advans Pakistan MBL opened its Gole Market Branch and further expanding its branch network in Karachi. This became the 3rd branch after 6 months of operations in Pakistan. The branch is located in Gole Market, Block-3E, Nazimabad #3.

Advans Pakistan Launched 2nd Branch at Lasbela:

March 28, 2013 – Advans Pakistan MBL is pleased to add another branch to its local network.  This became the second branch after 3 months of operations in Pakistan. The branch is located close to Lasbela chowk on  Nishter Road.


Advans Pakistan Microfinance Bank Limited Launched its Operations

January 04, 2013 – Advans Pakistan Microfinance Bank Limited is pleased to open its 1st branch in Mehmoodabad # 3, Karachi.

 

Read Press Release

The News:

ww.thenews.com.pk/Todays-News-3-152253-Advans-Pakistan-Microfinance-Bank-to-start-business

SBP Press Release:

www.sbp.org.pk/press/2013/Advans-03-Jan-13

Dawn News:

www.dawn.com/2013/01/08/advans-pakistan

Express Tribune:

www.tribune.com.pk/story/488739/microfinance-new-bank-to-start-business-from-today

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