LOLC Microfinance Bank Pakistan has reached a landmark milestone by surpassing PKR 20 Billion in Gross Loan Portfolio , marking another significant chapter in its growth journey and reinforcing its position as one of Pakistan’s fastest-growing microfinance banks.
The Bank has grown its Gross Loan Portfolio from PKR 4.47 billion in 2024 to PKR 20 billion, reflecting exceptional business momentum driven by disciplined execution, operational excellence, customer trust and a continued commitment to expanding financial inclusion across Pakistan.
Commenting on the achievement, Mr. Farooq Rashid, Chief Executive Officer of LOLC Microfinance Bank Pakistan, said: “Achieving PKR 20 Billion in Gross Loan Portfolio is a proud milestone that belongs to our customers, whose trust and confidence continue to inspire us every day. I would also like to thank our employees across Pakistan whose dedication and commitment have made this achievement possible. While we celebrate this milestone today, our vision is firmly focused on the future as we continue expanding our reach, strengthening our capabilities and delivering greater value to the communities we serve.”
Mr. Nizar Noor Ali Momnani, Chief Commercial Officer, added: “Two years ago, we laid the foundation for this achievement by investing in our people, strengthening our branch network, building a trusted brand, and continuously enhancing our products and processes. Today, those investments have translated into meaningful results. As we enter the next phase of our journey, our focus will be on accelerating digital transformation, driving continuous product innovation, and deepening our understanding of our customers’ evolving financial needs. We remain committed to delivering innovative, customer-centric financial solutions, strengthening our digital capabilities, and making banking simpler, faster, and more accessible for communities across Pakistan.”
Mr. Ilsam Awfer, Chief Operating Officer, said: “This achievement reflects the strength of our operating model and the discipline with which our teams execute every day. By continuously enhancing operational excellence, improving efficiencies and maintaining the highest service standards, we have built a strong foundation for sustainable and scalable growth.”
The milestone follows the recent inauguration of the Bank’s new Head Office in Gulberg Greens, Islamabad, which was graced by His Excellency Admiral (Retd.) Fred Seneviratne, High Commissioner of Sri Lanka to Pakistan, and Krishan Thilakaratne, Chairman of LOLC Microfinance Bank Pakistan as the Chief Guest. The new Head Office reflects the Bank’s continued investment in strengthening its institutional capabilities to support its long-term growth ambitions.
As a member of the globally renowned LOLC Group, operating in more than 25 countries, LOLC Microfinance Bank Pakistan remains committed to accelerating financial inclusion, supporting entrepreneurship and creating sustainable economic opportunities across Pakistan. With strong business momentum, expanding digital capabilities and a growing nationwide presence, the Bank is well positioned to achieve even greater milestones in the years ahead.
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That's called Loan shark.. imagine bragging about having people under debt. How sad this is