LOLC Microfinance Bank Pakistan has been named ‘Best Turnaround Bank in Pakistan’ in the Medium and Small Tier Banks category, recognising its significant business recovery and strong financial performance over the past two years.
Pakistan’s banking sector has faced considerable challenges in recent years, driven by the lingering effects of the COVID-19 pandemic, extreme weather events and a prolonged economic downturn. Despite these pressures, LOLC Microfinance Bank Pakistan has demonstrated resilience, delivering consistent improvements across key areas of its operations.
As of September 2026, the Bank recorded a profit after tax (PAT) of PKR 422.4 million (approximately USD 1.52 million), alongside substantial progress across several important performance indicators.
Over the past 12 months, the Bank’s portfolio expanded by more than 204%, while public customer deposits increased by over 240%. In addition, its non-performing loan (NPL) ratio declined significantly from 19.5% to below 2.5% over the past two years, highlighting improvements in portfolio quality and credit risk management.
These results represent a notable turnaround within Pakistan’s banking industry, demonstrating the Bank’s ability to navigate a challenging economic environment while strengthening its financial position and expanding its customer base.
Commenting on the achievement, LOLC Group Managing Director Kapila Jayawardena said, “This reflects the strength of the MSME business model, through which we engage with granular and productive segments of the economy where repayment capacity and sustainability are high.”
He further noted that the Bank’s performance in deposit mobilisation, portfolio expansion and NPL reduction reflects a comprehensive improvement across its operations, positioning it strongly relative to the wider industry.
The recognition marks an important milestone for LOLC Microfinance Bank Pakistan, highlighting its progress in building a more resilient and sustainable banking business while supporting productive segments of the economy.
Pan Asia Bank Partners with Ideal Motors to Provide Tailored Leasing Solutions
Pan Asia Bank has entered into a one-year Memorandum of Understanding (MoU) with Ideal Motors (Pvt) Ltd to introduce a new financing option for customers purchasing vehicles through the authorised Mahindra dealer in Sri Lanka.
The partnership will enable Ideal Motors customers to access vehicle leasing facilities from Pan Asia Bank, offering greater convenience when financing their vehicle purchases while meeting their personal mobility and business needs. The collaboration will also provide an opportunity for the Bank to expand its leasing portfolio and strengthen its position in Sri Lanka’s vehicle financing market.
Ideal Motors is the authorised dealer for Mahindra vehicles in Sri Lanka, including the Mahindra Bolero CPU Truck and Scorpio Jeep/Pickup. Catering to a variety of requirements, from commercial transportation and business operations to personal use, these vehicles highlight the importance of accessible and flexible financing options for prospective buyers.
Pan Asia Bank’s vehicle leasing facilities are designed to streamline the financing process through convenient repayment options and professional guidance, helping customers identify solutions suited to their financial circumstances. By bringing vehicle purchasing and financing closer together, the partnership aims to simplify the customer journey and reduce the complexities associated with arranging separate financing.
Commenting on the agreement, Pan Asia Bank Director/CEO Naleen Edirisinghe said, “Our partnership with Ideal Motors enables us to bring financing closer to customers at the point of vehicle purchase. We remain focused on providing convenient and flexible leasing solutions that support both personal mobility and the needs of businesses.”
Under the one-year agreement, Pan Asia Bank and Ideal Motors will work together to identify business opportunities and provide customers with a smooth and convenient vehicle financing experience. The collaboration is expected to strengthen both organisations’ ability to respond to demand for commercial and personal vehicles while delivering greater value to customers.
Pan Asia Bank Head of Retail Credit Yohan Ebell said, “Through this partnership, we aim to make vehicle financing simpler and more accessible, with leasing solutions designed to meet the varied requirements of Ideal Motors’ customers.”
The partnership further reflects Pan Asia Bank’s commitment to developing strategic business relationships that improve access to financial services and deliver practical, customer-focused solutions for individuals and businesses across Sri Lanka.
LOLC Microfinance Bank Pakistan Wins ‘Best Turnaround Bank 2026’ Award in Pakistan
