Advans Pakistan Microfinance Bank Ltd. is the 6th Greenfield of the Advans Group. Advans Pakistan MFBL was incorporated as a public limited company under the Companies Ordinance, 1984, on 17 April 2012 and was granted a license by the State Bank of Pakistan on 28 June 2012 to operate as microfinance bank in the province of Sindh. Advans Pakistan Microfinance Bank offers microfinance banking and related services to the poor and underserved segment of the society as envisaged under the Microfinance Institutions Ordinance, 2001. Advans Pakistan Microfinance Bank offers a full range of financial services to micro, small and medium-sized enterprises (MSMEs): Loans to MSMEs range from PKR 10,000 to PKR 500,000 and current and savings accounts for individuals and MSMEs as well as Gold Loan products.
Advans SA's shareholding structure combines the expertise of Advans International with the financial solidity of six Development Finance Institutions. These organizations have for many years been pivotal to the development of microfinance sector. Advans targets frontier, emerging and developing countries in Africa, Asia and the Middle East.
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Advans Pakistan Microfinance Bank