LOLC Microfinance Bank Pakistan, following its remarkable performance over the past two years, has been named ‘Best Turnaround Bank in Pakistan’ in the ‘Medium and Small Tier Category – Banks’.

Pakistan’s banking industry has experienced challenging times over the past several years, with the lingering effects of COVID-19, unprecedented weather conditions and the country’s economic downturn. However, LOLC Microfinance Bank Pakistan has successfully navigated these challenges, demonstrating consistently strong performance across all aspects of its business over the past two years.

The Bank has recorded a PAT of Pakistan Rupees 422.4 million (USD 1.52 million) as at September 2026 and, more importantly, delivered strong business performance across several key indicators:

• Portfolio growth above 204% over the past 12 months
• Growth in public customer deposits of more than 240% over the past 12 months.
• Reduction in NPLs from 19.5% to less than 2.5% over the past two years.
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This achievement is particularly noteworthy within Pakistan’s banking industry, where LOLC Microfinance Bank Pakistan has demonstrated exceptional resilience and one of the strongest turnarounds during this period.

Commenting on this performance, LOLC Group Managing Director, Mr. 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 stated that the Bank’s performance across all aspects, including deposit growth, reduction of NPLs and portfolio growth, reflects its comprehensive performance ahead of the industry.

LOLC Microfinance Bank Pakistan operates through 101 branches, with a total staff of 1466 and a customer base of 60,000. Marking a major milestone in its growth trajectory, LOLC Microfinance Bank Pakistan has significantly strengthened its operational footprint by relocating its head office to Gulberg Greens in Islamabad. Complementing this strategic move, the Bank recently expanded its reach with a state-of-the-art branch in Islamabad’s high-profile Blue Area, reflecting its ongoing commitment to enhancing customer access and advancing financial inclusion across key commercial hubs in Pakistan. These infrastructure enhancements position the institution for accelerated market penetration, enabling the seamless delivery of high-impact microfinance solutions to an expanding client base.

LOLC Holdings PLC is Sri Lanka’s largest and most diversified multinational conglomerate, with operations spanning three continents, 27 countries and nine sectors. Through its position as the world’s largest MSME platform, the Group continues to promote sustainable economic development by empowering entrepreneurs and underserved communities while expanding access to inclusive financial services across emerging markets. As LOLC continues to expand its international footprint, this investment underscores the Group’s enduring commitment to building inclusive financial ecosystems, extending access to finance and creating lasting economic value through responsible and sustainable investment.

LOLC Microfinance Bank Pakistan Head office                              

  Mr. Kapila Jayawardena, Group Managing Director/ CEO of LOLC Holdings PLC