Mobilink Microfinance Bank Ltd. is Pakistan’s largest digital bank with over 27 million registered users, including 12 million monthly active digital wallets. Backed by a multinational telecommunication services company - VEON Ltd., MMBL is a sister concern of Jazz and is a leading player in lending to small and medium-sized enterprises.
MMBL started operations in April 2012. Being a hybrid model that combines traditional microfinance with mobile/ digital banking technologies, the bank now operates with 100 branches and is committed to promoting financial inclusion for all. The bank has disbursed over 700,000 individual and micro-enterprise loans and disbursed over 3,600,000 nano-loans since its inception.
MMBL has been recognized as 'Digital Microfinance Bank of the Year' by CFA Society Pakistan in 2020. It is the only microfinance bank that was recognized by PACRA recently, as maintaining a ‘Stable Outlook’ and additionally, was not listed on the agency’s Watchlist. MMBL was also a semifinalist in the European Microfinance Awards. Further, the Institute of Bankers Pakistan has recognized MMBL as the 'Bank of the Unbanked' in recent years.
The bank is committed towards serving its customers and shareholders through responsible business practices. All our efforts are aligned with the United Nations Sustainable Development Goals 2030 and the State Bank of Pakistan's directives.