Telenor Microfinance Bank, (ٹیلی نار مائیکرو فنانس بینک) formerly Tameer Microfinance Bank, is a Pakistani microfinance bank which is based in Karachi, Pakistan. It was founded in 2006 by Nadeem Hussain as Tameer Microfinance Bank, which was later acquired by Telenor Pakistan.[1]
Telenor Microfinance Bank is jointly owned by Telenor Group, the leading telecommunications company across the Nordics and Asia with 186 million customers, and Ant Group, an affiliate company of Alibaba Group and the operator of a digital lifestyle platform, Alipay. With a distribution network of over 150 thousand agents and touchpoints nationwide, Telenor Microfinance Bank is one of the largest microfinance banks of Pakistan.[2] Mohammad Mudassar Aqil is the current President & CEO of the bank.[3]
^"Telenor buys Tameer Bank". The Express Tribune. 17 March 2016.
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