Karachi: Apna Microfinance Bank Limited has released its financial statement for the period ending March 2025, revealing a decline in both total assets and liabilities. The unaudited figures indicate that the bank's total assets have decreased to 16.14 billion rupees from 17.45 billion rupees reported in December 2024.
The decline in total assets is attributed primarily to a reduction in cash and balances with treasury banks, which fell to approximately 1.53 billion rupees from 1.65 billion rupees. Additionally, the balances with other microfinance banks, banks, and non-bank financial institutions saw a significant decrease, dropping from 2.07 billion rupees to 566.72 million rupees.
Investment figures showed a slight increase, with the bank reporting 1.92 billion rupees in March 2025 compared to 1.87 billion rupees in December 2024. Advances also saw an uptick, reaching 8.49 billion rupees from 8.20 billion rupees during the same period.
Liabilities for the bank also decreased, with the total liabilities falling to 25.53 billion rupees from 26.88 billion rupees. The primary contributor to this decline was a reduction in deposits and other accounts, which went down from 25.67 billion rupees to 24.40 billion rupees. Lease liabilities and other liabilities also saw decreases, with figures adjusting to 565.26 million rupees and 490.96 million rupees, respectively.
According to information available from the Pakistan Stock Exchange (PSX), the net assets for Apna Microfinance Bank Limited improved slightly, showing a reduction in negative net assets to 9.39 billion rupees from 9.43 billion rupees. This improvement was supported by an increase in share deposit money, which rose to 2.35 billion rupees from 1.85 billion rupees.
The bank's capital structure remains under pressure due to an accumulated loss of 14.78 billion rupees, up from the previous figure of 14.28 billion rupees. Despite these challenges, the bank's share capital remains unchanged at 4.29 billion rupees, and the discount on the issue of shares continues to stand at 1.34 billion rupees.