Advans Pakistan Microfinance Bank
Advans Pakistan Microfinance Bank (Advans Pakistan MFB) is the 6th Greenfield of the Advans group. Advans Pakistan MFBL was incorporated as a public limited company under the Companies Ordinance, 1984, on 17 April 2012 and was granted a license by the State Bank of Pakistan on 28 June 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. As a registered microfinance bank, Advans Pakistan MFBL offers a full range of financial services to micro, small and medium-sized enterprises (MSMEs): Loans to MSMEs range from from PKR 10,000 to PKR 500,000 and current and savings accounts for both individuals and MSMEs are also available.