Khushhali Microfinance Bank Limited has issues its financial report of the year 2018, on 31st December in Islamabad. Khushhali Microfinance Bank limited has maintained to keep its growth graph upward in year 2018 with its remarkably improved performance. Khushhali microfinance bank had 40% Pre-tax profit of PKR 2.5 Billion last year, whereas Khushhali bank has announced pre-tax profit of PKR 3.5 Billion which reported as one of the highest profits in the industry.
KMBL had continuous 34% up lending rates from the previous year as well as this remarkable high rating can be associated with the growth in balance sheet. Khushhali Microfinance Bank Limited is currently fully capitalized with 18.9% capital adequacy ratio, and have its Portfolio Quality indicator stable as well.
Khushhali Bank has not only sustained but shown a continuous growth in Microfinance sector due to its persistent performance over the past 5 years. Khushhali Bank has been considered as one of the largest network across the country and it has 197 branches all over the country. Khushhali Bank is successfully expanding its market in Pakistan as well as Khushhali Bank has effectively picked up its right Clients at urban n rural markets.
Khushhali bank has got the largest number of clients, asset base, deposits and loan portfolios in Microfinance sector, and it enjoys its leadership position in market. Khushhali bank’s lending portfolio has got its main focus on agriculture sector; its vision is to give maximum possible benefits to the agriculture market. Its deposit book of PKR 56 billion was also appreciated in 2017 as well as bank has offered a dividend of PKR 1.5 per share.
The Bank has successfully injected Tier 2 capital of PKR 1 Billion to increase its capital and for the persistent capital growth in the market. Khushhali Microfinance Bank is constantly investing for the up gradation and enhancement of its Digital financing services system to facilitate the customers.
Khushhali Microfinance bank has received “The Best Micro financing Bank” award from the third Pakistan Banking Awards 2018, for the acknowledgement of its remarkable persistent performance. Khushhali Microfinance Bank is providing much affordable financial loans services to the poor since year 2000. Khushhali Bank is owned by a League of investors who are expert in micro, small and medium enterprise financing, UBL and Blue Chip international are its co-partners as well.