Karachi, Apna Microfinance Bank Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended December 31, 2018 have been transmitted through PUCARS and is also available on Company’s website.
Apna Microfinance Bank Limited was incorporated in Pakistan on May
8, 2003 as a public limited company. The commencement certificate of the
company was issued in December 28, 2004. The operations of the business started
from January 1, 2005. The foundations of the company are formed under the
Companies Act, 1913 now the Companies Ordinance, 1984. The principal business
activity of the bank is to provide microfinance services to the poor and
underserved segment of the society as envisaged under the Microfinance
Institutions Ordinance, 2001. The registered office of the company is located
in Karachi. The shares of the company are quoted on Karachi Stock Exchange of Pakistan.
The Bank operates 11 branches as at June 30, 2013 and is licensed to operate on
district level. The products of the bank include providing finances, advances
and other credit facilities for the development of the society. Through this
the savings are mobilized and other specialized deposit products are also
improved with time.
The symbol “AMBL” is being used by the stock exchanges for the shares of Apna
Microfinance Bank Limited.
