Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year 2017 on 14 February   2018 in Islamabad, posting appreciable growth in bottom line, accompanied with a dividend of Rs 0.53/share. KMBL’s pre-tax profit of PKR 2.49 billion increased by 40% against last year’s profit of PKR 1.78 billion. The increase in profit results from continued growth in balance sheet and improved non-fund income. 

The Bank maintains the largest network of 173 outlets and enjoys the largest market share in terms of loan portfolio, deposits and asset base in the micro-finance sector. Compared to last year, portfolio quality indicators also improved, with growth in loan book of 40% primarily led by the agriculture sector lending. The Bank deposits expanded appreciably by over 100%  as compared to last year and a strong built up was seen in urban operations.  

KMBL is majority owned by a consortium of investors including one of Pakistan’s largest commercial banks (UBL), and Blue Chip international investors with expertise in the Micro, Small & Medium Enterprise finance.