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August 29, 2015 8:36 PM ET

Banks

Company Overview of Tameer Microfinance Bank Limited

Company Overview

Tameer Microfinance Bank Limited operates as a commercial microfinance bank. The company provides micro mortgage for crop and trade financing; business and emergency loans; micro leasing; term deposit accounts; micro savings; and group loans to men and women in urban and rural areas. It serves low-income, salaried, self-employed, and micro entrepreneurs. The company was incorporated in 2005 and is based in Karachi, Pakistan. Tameer Microfinance Bank Limited operates as a subsidiary of Telenor Pakistan Ltd.

15-A Block 7-8 Central Commercial Area

K.C.H.S Union

Karachi,  75350

Pakistan

Founded in 2005

Phone:

92 21 111 826 337

Fax:

92 21 432 5575

Key Executives for Tameer Microfinance Bank Limited

Chief Executive Officer, President, and Director
Group Executive Director of Tecnology and Operations
Group Executive Director of Product and Risk Management
Business Head of Punjab
Business Head of Sind
Compensation as of Fiscal Year 2015.

Tameer Microfinance Bank Limited Key Developments

Tameer Microfinance Bank Limited Appoints Sana Tariq as Company Secretary in Place of Kabeer Naqvi

Tameer Microfinance Bank Limited announced that Ms. Sana Tariq has been appointed as Company Secretary with effect from January 27, 2015 in place of Mr. Kabeer Naqvi.

Tameer Microfinance Bank Limited, Board Meeting, Dec 18, 2014

Tameer Microfinance Bank Limited, Board Meeting, Dec 18, 2014., at 14:00 Pakistan Standard Time. Agenda: To declare second interim dividend for 2014.

Tameer Microfinance Bank Limited Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Tameer Microfinance Bank Limited announced unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported mark-up/return/interest earned of PKR 756,397,000 compared to PKR 660,751,000 a year ago. Net mark-up/return/interest income was PKR 562,418,000 compared to PKR 404,726,000 a year ago. Profit before taxation was PKR 225,637,000 compared to PKR 176,515,000 a year ago. Profit after taxation was PKR 148,827,000 or PKR 1.10 per basic and diluted share compared to PKR 167,443,000 or PKR 1.24 per basic and diluted share a year ago. For the nine months, the company reported mark-up/return/interest earned of PKR 2,167,629,000 compared to PKR 1,832,628,000 a year ago. Net mark-up/return/interest income was PKR 1,588,825,000 compared to PKR 1,030,504,000 a year ago. Profit before taxation was PKR 703,288,000 compared to PKR 394,641,000 a year ago. Profit after taxation was PKR 459,200,000 or PKR 3.41 per basic and diluted share compared to PKR 305,228,000 or PKR 2.27 per basic and diluted share a year ago. Net cash flow from operating activities of PKR 2,355,986,000 compared to net cash used in operating activities of PKR 194,925,000 a year ago.

Similar Private Companies By Industry

Company Name Region
Khushhali Bank Limited Middle East/Africa
Punjab Provincial Co-operative Bank Limited Middle East/Africa
Burj Bank Limited Middle East/Africa
Deutsche Bank AG, Pakistan Middle East/Africa
Tameer Microfinance Bank Limited Middle East/Africa

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