HABIB Bank Limited (HBL) agreed to an stock of 2 billion rupees at HBL Bank Bank Limited (HBL MFB), as part of its strategy to enhance financial integration and strengthen microfinance operations. HBL revealed this development through a notice to the Pakistani Stock Exchange (PSX) on Thursday according to Article 96 and 131 of the … Read more
TPL Corp Limited, in cooperation with ABHI (Private) Limited, has completed the acquisition of a majority stake in Finca Microfinance Bank Limited, the company announced to deposit shares on Friday. This deal represents the conclusion of a process that was revealed for the first time in November 2024. According to a statement issued by TPL … Read more
The Competition Commission of Pakistan (CCP) has approved the acquisition of 94.8% stake in FINCA Microfinance Bank Limited by TPL Corp Limited and ABHI (Private) Limited. This transaction represents a significant development in the microfinance sector in Pakistan, as the two entities acquired stakes from the bank’s existing shareholders, including FINCA Microfinance Coöperatief UA, the … Read more