Islamabad – September 16, 2024: Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial services platform, easypaisa, is proud to announce its double recognition at the renowned 21st Annual Excellence Awards by CFA Society Pakistan, having won the “Best Microfinance Bank of the Year 2023” and “Recognizing Gender Diversity at the Workplace Award 2024.”
The prestigious Annual Excellence Awards are held annually by the CFA Society Pakistan. Founded in 2002, The CFA Society Pakistan is a member society of CFA Institute, a global association of investment professionals that sets the standard for professional excellence and credentials.
The “Best Microfinance Bank of the Yar 2023” award showcases the Bank’s remarkable growth trajectory in FY, 2023.
In 2023, TMB posted a pre-tax profit of Rs1.2 billion, marking a significant turnaround. This financial success was driven by exceptional revenue growth and strong performance from easypaisa, which remains one of Pakistan’s leading digital financial services app. TMB’s solid financial footing and its in-principal approval for a digital retail bank license granted by the State Bank of Pakistan in 2023, reflect the Bank’s progress in becoming a leader in digital finance.
The “Recognizing Gender Diversity at the Workplace Award” highlights TMB’s focus on creating an inclusive environment where individuals, regardless of background, can thrive. The bank remains dedicated to fostering gender equality, empowering employees, and ensuring that financial services are accessible to all.
Jahanzeb Khan, President & CEO, TMB/easypaisa, congratulated the entire team, expressing that the awards are a moment of pride for all and encouraged everyone to continue with their exceptional performance.
The awards were received by Pouru Sidhwa, Chief Human Resources Officer, TMB/easypaisa at the ceremony recently held at the at the 21st Annual Excellence Awards in Karachi.
These reputed awards underscore Telenor Microfinance Bank’s pivotal role in driving financial inclusion and fostering a progressive work environment. The recognition reaffirms the Bank’s commitment to leveraging cutting-edge technology and inclusive practices to create sustainable growth, empower communities, and shape the future of Pakistan’s digital economy.
