Share this The First MicroFinanceBank Ltd, Pakistan was established in 2002 as a nationwide microfinance bank, licensed by the State Bank of Pakistan. The bank’s mission is to contribute to the social and economic wellbeing of society by providing opportunities to thousands of under-privileged households. The bank manages deposits worth PKR 25 billion (USD 216 million) from over a million people, and has issued 2.3 million loans to date. Business challenge T o spark economic growth and promote prosperity, The First MicroFinanceBank Pakistan (FMFB-P) aimed to bring affordable loans and state-of-the-art banking services within reach of rural communities. Transformation FMFB-P transformed its business model to focus on digital access channels, underpinned by new digital banking c

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