About Us

Sindh Microfinance Bank Ltd. (SMFB) is a wholly owned subsidiary of Sindh Bank Ltd. SMFB got the license from State Bank of Pakistan (SBP) and was incorporated with Securities & Exchange Commission of Pakistan (SECP) on March 27, 2015 under Section 32 of the Companies Ordinance 1984 (XL VII of 1984). The Bank was initially established with a paid-up capital of PKR 750 million, which was subsequently raised to PKR 1000.00 million, reflecting its continued growth and commitment to expanding financial inclusion across Pakistan.  Sindh Microfinance Bank Ltd. started its Microfinance business operations on May 3, 2016 from its Karachi Branch. The  Bank  has recently been issued licensed by the State Bank of Pakistan to commence nationwide operations, enabling the Bank to extend its microfinance services and financial inclusion initiatives across the country.

Sindh Microfinance Bank will focus on serving the under-privileged segment of society by introducing products easily accessible to those who are not able to avail banking services of conventional financial institutions. With the vision to empower women, SMFB will establish Service Centers providing credit facilities exclusively to women. Though the savings, loans and other banking facilities will be available to all small entrepreneurs but special attention would be given to low income section of the society. SMFB shall actively promote micro-entrepreneurship by conducting awareness campaigns designed and aimed predominantly to womenfolk.