Karachi: The Directors of Apna Microfinance Bank Limited have released the Un-audited Condensed Interim Financial Statements for the half year ending June 30, 2026. This report comes against a backdrop of challenging economic conditions both domestically and internationally.

During the first half of 2026, Pakistan faced intensified inflationary pressures, with the Consumer Price Index (CPI) inflation reaching 11.7% in May 2026, up from 10.9% in April. This increase was primarily attributed to rising costs in transport, housing and utilities, and food. Despite these challenges, macroeconomic indicators showed an upward trend, supported by fiscal consolidation, a stronger external position, and ongoing progress under the IMF-supported program.

The Pakistan Stock Exchange proved resilient during this period. According to information available from the Pakistan Stock Exchange (PSX), the KSE-100 Index reached 180,301.70 points as of June 30, 2026. This resilience came amidst global economic growth projections of 3.0% for the year by the International Monetary Fund (IMF), and a forecasted global inflation rate of 4.7%.

The Bank, which provides microfinance services to underserved segments of society, reported several key financial highlights. Advances increased by 6%, reaching PKR 11,150.487 million as of June 30, 2026, compared to PKR 10,566.072 million at the end of December 2025. Deposits and other accounts also grew by 2%, amounting to PKR 30,604.889 million.

In terms of earnings, the Bank reported a 29% increase in Mark-up/Return/Interest Earned, totaling PKR 1,939.052 million, while Mark-up/Return/Interest Expensed rose by 18% to PKR 1,715.797 million. Operating expenses saw a moderate move, increasing by 6% to PKR 1,061.114 million.

A noteworthy development was the reduction in the Bank's loss, which decreased by 7% from PKR 822.430 million to PKR 762.724 million, resulting in a loss per share of PKR 1.78, compared to PKR 1.92 in the same period last year. Despite this improvement, the Bank's equity remains negative at PKR 11,273.596 million, failing to meet the statutory requirements set by the State Bank of Pakistan.

The Bank's total assets grew slightly to PKR 20,748.399 million as of June 30, 2026, and investments stood at PKR 2,719.397 million. This financial performance underscores the Bank's ongoing efforts to navigate the complex economic landscape while striving to alleviate poverty through its microfinance initiatives.