The shareholders of Khushhali Microfinance Bank in its 10th Annual
general meeting held on 28 March 2017 in Islamabad announced annual operating
results of the Bank. Khushhali Microfinance Bank’s pre-tax profit of Rs1.8
billion increased by 50 per cent against last year’s profit of Rs1.2 billion.
The increase in profit results from continued growth in balance sheet and
improved non-fund income.
The Bank maintains the largest network of 141 branches/service centers and enjoys the largest market share in terms of gross loan portfolio in the micro-finance sector. Portfolio quality indicators of the bank remained intact, with growth in loan book primarily led by the agriculture sector lending.
Khushhali Micro-finance Bank is majority owned by a consortium of investors including one of Pakistan’s largest banks (UBL), and Blue Chip international investors with expertise in the Micro, Small & Medium Enterprise finance.
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