Tameer Microfinance Bank Limited

Type: Company
Name: Tameer Microfinance Bank Limited
First reported May 22 2013 - Updated May 22 2013 - 2 reports

Credit to farm sector surges

KARACHI, May 21: The State Bank reported on Tuesday that agriculture credit disbursement by banks surged by over 15 per cent in the first 10 months of this fiscal year compared to the same period last year indicating high credit demand.Bankers said the ... [Published DAWN Group - May 22 2013]
First reported May 22 2013 - Updated May 22 2013 - 1 reports

Massively expanding branchless banking in Pakistan

By The history of branchless banking is no more than four-five years old in Pakistan, but the way this financial innovation has been winning the hearts and minds of banking service providers and consumers, the market has witnessed a new wave of competition. ... [Published Daily Times - May 22 2013]
First reported May 02 2013 - Updated May 02 2013 - 1 reports

VIEW : Good omens for steady growth Sanabar Hussain

When seen closely, investors are rational human beings and do not believe Pakistan to be a favourable destination/place for investment, especially at the present time A country like Pakistan that has a vibrant population and other glamorous resources ... [Published Daily Times - May 02 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Telenor acquires Serbian bank licence

img:Telenor and French bank Societe Generale have agreed to buy the Serbian unit of Belgian banking and insurance group KBC, as part of the Norwegian operator’s strategy for introducing mobile financial services to the country.The operator is acquiring ... [Published Mobile Money Live - Apr 29 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 3 reports

Telenor Pakistan Adds Savings Bank to Mobile Money Service

­Telenor Pakistan has expanded its mobile money service into a saving bank. Easypaisa is Telenor's joint venture with Tameer Microfinance Bank formed in 2009. The company has now launched Khushaal Munafa, the first savings product on a branchless banking ... [Published Cellular-News - Apr 22 2013]
First reported Apr 21 2013 - Updated Apr 21 2013 - 1 reports

MICROCAPITAL BRIEF: Telenor’s Easypaisa Launches Khushaal Munafa Mobile Savings Service in Pakistan

  Easypaisa, a Pakistani branchless banking services company, has launched a mobile savings product called Khushaal Munafa. Khushaal Munafa allows Easypaisa account holders to earn 9 percent in interest per year on savings balances over PKR 25,000 (USD ... [Published MicroCapital - Apr 21 2013]
First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

MICROCAPITAL BRIEF: Tameer Microfinance, Pakistan Mercantile Exchange to Offer Gold-based Investment Product

Tameer Microfinance Bank Limited (TMFB), a Pakistani organization majority-held by Norwegian telecom Telenor, and Pakistan Mercantile Exchange Limited (PMEX), a Pakistani commodity exchange company owned by six stock exchanges and banks affiliated with ... [Published MicroCapital - Apr 17 2013]
First reported Jan 24 2013 - Updated Jan 25 2013 - 1 reports

MICROCAPITAL BRIEF: Pakistan’s Tameer Microfinance Bank Lists Term Finance Certificates Worth $10m on Karachi Stock Exchange

Tameer Microfinance Bank Limited (TMFB), a commercial bank in Pakistan that is majority-held by Norwegian mobile firm Telenor, recently issued two term finance certificates (TFCs) each worth PKR 500 million (USD 5 million) on the Karachi Stock Exchange ... [Published MicroCapital - Jan 24 2013]

Quotes

...Currently, there are 320 members with about 75 of them active and there's no cap on the number of membership. "We're also introducing the concept of the 'clearing members' who will be fewer in number and will be responsible for covering the risk of non-clearing members of the exchange. Their net worth requirements will be substantially higher than that of our existing members" Khan explained
"We are proud to be the first mobile money service to introduce a savings product in Pakistan. Khushaal Munafa will focus on micro savings, promote savings and reduce vulnerability of low income families. Easypaisa's key objective is financial inclusion, and savings are an integral part of getting people to start using formal financial services" said Telenor Group CEO, Jon Fredrik Baksaas
"Khushaal Munafa will help create a financial ecosystem for the bottom of the pyramid and empower them with the basic rights to avail services that provide an affordable and convenient method of integration into the world of financial services" said Nadeem Hussain, CEO and President, Tameer Micro Finance Bank limited

More Content

All (14) | News (11) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Credit to farm sector surges [Published DAWN Group - May 22 2013]
Massively expanding branchless banking in Pakistan [Published Daily Times - May 22 2013]
Agri credit disbursement up by 15.74pc to Rs 259b [Published The Nation Pakistan - May 22 2013]
Farm loan disbursement up 16% to Rs 259bn in 10... [Published Pakistan Today - May 21 2013]
PMEX all set to offer new exciting products [Published Business Recorder - May 10 2013]
VIEW : Good omens for steady growth Sanabar Hu... [Published Daily Times - May 02 2013]
Telenor acquires Serbian bank licence [Published Mobile Money Live - Apr 29 2013]
Telenor Pakistan Adds Savings Bank to Mobile Mo... [Published Cellular-News - Apr 22 2013]
Telenor and Tameer Bank first to introduce mobi... [Published Yahoo! Finance - Apr 22 2013]
Telenor and Tameer Bank first to introduce mobi... [Published Best Invest - Apr 22 2013]
MICROCAPITAL BRIEF: Telenor’s Easypaisa Launche... [Published MicroCapital - Apr 21 2013]
MICROCAPITAL BRIEF: Tameer Microfinance, Pakist... [Published MicroCapital - Apr 17 2013]
Easypaisa launches Pakistan’s first mobile mone... [Published The News Tribe - Apr 16 2013]
MICROCAPITAL BRIEF: Pakistan’s Tameer Microfina... [Published MicroCapital - Jan 24 2013]
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MICROCAPITAL BRIEF: Telenor’s Easypaisa Launche... [Published MicroCapital - Apr 21 2013]
  Easypaisa, a Pakistani branchless banking services company, has launched a mobile savings product called Khushaal Munafa. Khushaal Munafa allows Easypaisa account holders to earn 9 percent in interest per year on savings balances over PKR 25,000 (USD ...
MICROCAPITAL BRIEF: Tameer Microfinance, Pakist... [Published MicroCapital - Apr 17 2013]
Tameer Microfinance Bank Limited (TMFB), a Pakistani organization majority-held by Norwegian telecom Telenor, and Pakistan Mercantile Exchange Limited (PMEX), a Pakistani commodity exchange company owned by six stock exchanges and banks affiliated with ...
MICROCAPITAL BRIEF: Pakistan’s Tameer Microfina... [Published MicroCapital - Jan 24 2013]
Tameer Microfinance Bank Limited (TMFB), a commercial bank in Pakistan that is majority-held by Norwegian mobile firm Telenor, recently issued two term finance certificates (TFCs) each worth PKR 500 million (USD 5 million) on the Karachi Stock Exchange ...
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