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Halan Microfinance Bank has received a capital injection of Rs. 1.425 billion (USD 5 million) from its new shareholder, MNT Halan Pak B.V., following the bank’s acquisition from Advance S.A. Sicar in March 2024. The funding is part of an ambitious expansion and modernization strategy aimed at scaling operations across Pakistan.
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According to the bank’s 2024 financial statement, the investment includes Rs. 600 million injected in 2025 to support the launch of 75 new business units in the coming months. Previously operating with just 19 branches, the bank has already opened five new locations in Sindh and secured approval for 25 low-cost service centers expected to be operational this year.
To support its long-term vision, Halan Microfinance Bank has increased its authorized capital from Rs. 2 billion to Rs. 5 billion. This move ensures compliance with the State Bank of Pakistan’s Minimum Capital Requirement (MCR) and Capital Adequacy Ratio (CAR), while enabling future growth.
The new shareholders had earlier injected Rs. 825 million in 2024 to meet regulatory obligations and absorb anticipated losses. Overall, the total shareholder investment stands at Rs. 5 billion, with additional equity in the pipeline. The parent company has also pledged a \$10 million investment over the next few years to enhance the bank’s core systems and infrastructure.
Despite the significant investment, Halan Microfinance Bank reported a post-tax loss of Rs. 727.3 million for 2024, compared to Rs. 329.9 million in 2023. The loss is attributed to operational restructuring under the new management, which led to a temporary contraction in loan disbursements—previously a major revenue stream.
On September 16, 2024, the institution officially rebranded from ADVANS Pakistan Microfinance Bank Limited to Halan Microfinance Bank Limited, reflecting its new ownership and strategic direction. As of December 31, 2024, paid-up capital had increased to Rs. 2.87 billion, and the bank met the regulatory CAR requirement with a ratio of 15.30%.
Looking ahead, the bank is rolling out a comprehensive digital roadmap inspired by its parent company MNT Halan’s success in Egypt. Serving 50,000 customers today, Halan Microfinance Bank aims to expand its reach to 200,000 citizens by the end of 2025.
