Apna Microfinance Bank Limited’s impending transformation into a nationwide MFB
Karachi, March 12, 2013 (PPI-OT): Please refer to your letter # BPRD (R and P-01) 2013-1806 dated February 14th 2013.
We would like to invite your kind consideration that the management is committed for enhancement of status of the bank to Nationwide MFB with injection of required Capital. However, at present the board of Directors is under reconstitution after your formal approval for induction of new directors with their substantial equity to raise the paid-up capital of the bank up to Rs.1 billion.
We may submit that some letter of Indents of new entrepreneur are in hand accordingly we will submit a comprehensive proposal shortly for enhancement of our paid-up capital and reconstitution of the board of directors.
For more information, contact:
Ejaz Ahmed Khan
Apna Microfinance Bank Limited
202, Azayam Plaza,
Opp.FTC Building S.M.C.H.S. Shahrah-e-Faisal Karachi,
Tel: +92 21 34311723
Fax: 92 21 34311722