The first planned and prevalent Micro Finance Bank commenced its operations in Pakistan and a majority owned auxiliary of Telenor Pakistan is popularly recognized as Tameer Microfinance Bank Limited (TMFB).In 2005, the bank was integrated to serve the less advantaged and unbanked fragment of the society in terms of micro-finance and correlated financial services and intend to contribute towards the poverty obliteration under the Microfinance Institution ordinance, 2001. In 2001, under the Microfinance Institutions Ordinance the State Bank f Pakistan issued a license to the prevalent and foremost private commercial Microfinance bank of Pakistan that is Tameer Microfinance Bank Limited.
Currently, the bank has over 115 Tameer consumer touch points and has launched almost 23,000 outlets of Easy paisa within the country. TMFB has offered their clients with a variety of financial services which includes Loan, Health Insurance, Cash management service, Delivery through bank, Alternative energy solutions Dairy and Agricultural financing. On 26th April 2012, Tameer Micro-finance Bank Limited has been rated by JSR-VIS Credit Rating Company Limited at A/A-1 with a “Stable” outlook.
The majority owned subsidiary of Telenor Pakistan is by the same popular brand that is Tameer Micro Finance Bank Limited. The nationwide operating centers of the bank are Financial Centers, Sales Centers and Community Centers with an expanded network f about 110 branches. The bank has almost 21000 Mobile banking Outlets with the brand name of “Easy Paisa”. To empower the socio-economic problems TMFB aim’s to emerge as a global benchmark for the pioneering and marketable feasible microfinance solutions to the unbanked. The bank has established its system with highly professional staff for the convenience of their consumers. Through innovative technology, bank has introduced standards of distinction in value added Microfinance and interrelated services.
In the past eight years, enacted innovations of the bank have been that they were the first in 2008 to get a license issued by State Bank of Pakistan to launch branchless banking; it was the first bank in Pakistan to introduce the Community Banking Micro Finance on GPRS Transaction networks which was stared first on Bhit Island of Karachi and then through out Pakistan. It was also the first to collaborate with the World’s largest Telecom Company that is Telenor. They are the local manufacturers of Finger Print ATM. The bank has Community Relationship System in Un-banked Markets in Pakistan and has announced a voyage towards Triple Bottom Line (3BL). TMFB would be the only private bank to offer loan in emergency in 2 hours.
