Pakistan’s first scheduled and largest private sector microfinance bank, Tameer, formally inaugurated its new branch in Mithi, District Tharparkar, Sindh, last week. This is Tameer’s 27th branch in Sindh and 51st branch in Pakistan
Karachi, Sind, Pakistan, April 9, 2014 - (PressReleasePoint) -Pakistan’s first scheduled and largest private sector microfinance bank, Tameer, formally inaugurated its new branch in Mithi, District Tharparkar, Sindh, last week. This is Tameer’s 27th branch in Sindh and 51st branch in Pakistan.
Commenting on the occasion, Mr. Nadeem Hussain, President and CEO of Tameer said: "I am delighted to see Tameer in Mithi as part of our plan of extending outreach to the interior and remote areas. Providing access to financial services is fundamental in developing an ecosystem which supports development of people who are at the bottom of the pyramid. I am confident that Tameer’s presence in Mithi will have a similar positive impact in this area." Mithi branch is part of Tameer’s financial inclusion plan of empowering the unbanked across the country and will offer the entire range of Tameer bank’s products.
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About Tameer Microfinance Bank (TMFB):
Tameer Microfinance Bank Limited (TMFB) is the first scheduled and largest Microfinance Bank in Pakistan. Incorporated in 2005, it provides micro‐finance and related financial services to the less privileged and unbanked segment of the society with an aim to contribute towards poverty eradication under the Microfinance Institution ordinance, 2001. TMFB currently has over 130 customer touch points, along with more than 35,000 Easypaisa
agents, nationwide. TMFB offers a range of financial services including Deposits, Loans, Mobile Accounts, Health Insurance, Remittances, Cash management services, Bank on Wheels. Based on the results for the year ended 31 December 2013, the credit rating company PACRA upgraded the long‐term
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