State Bank of Pakistan has allowed Waseela Microfinance Bank to start their business in Pakistan and now Waseela Microfinance Bank will be the seventh microfinance bank (MFB) to operate in Pakistan whereas two microfinance banks MFBs are operating at district level.
Waseela is a subsidiary of M/s Orascom Telecom Holdings (OTH) Egypt.
Microfinance banks in Pakistan which are operating in Pakistan are as follows:
Khushhali Bank
The First Microfinance Bank
Tameer Microfinance Bank
Pak Oman Microfinance Bank
NRSP Microfinance Bank
Kashf Microfinance Bank
Apna Microfinance Bank
Rozgar Microfinance Bank