Pak Oman Microfinance Bank Limited  (the Bank) was incorporated on 9^th March 2006 as a public limited company under Companies Ordinance,1984 (Repeated with enactment of the Companies Act, 2017 on May 30, 2017) and was granted license by the State Bank of Pakistan (SBP) on 12^th April 2006. The Bank received certificate of commencement of business On 6^th May 2006, effective from 8^th May 2006. The Bank’s principle business is to provide Microfinance services to the poor and under served segment of the society as envisaged under the Microfinance institutions Ordinance, 2001. The registered office of the Bank is situated at 20-C Kyaban-e-Nishat, Ittehad Commercial Area, Phase-VI, DHA , Karachi, Pakistan. As at 31 December 2019 the bank has 65 branches and   services centers in operations in all provinces of Pakistan, other than Gilgit Baltistan, including the Federal Capital Islamabad and is licensed to operate nationwide.
 
In the year 2016, LOLC Pvt. Ltd. ( Singapore) a member company of LOLC Group Sri Lanka)  injected fresh equity in the Bank and attain 50.1% of the Bank’s shareholding. Other than LOLC Pvt. Ltd., Sultanate of Oman through Ministry of finance holds 33.23% shares and Pak Oman Investment Company (POICL) holds 16.67% share of the Bank.
 
 
JCR-VIS has determined the Bank’s medium to long term rating as “A-”  and the Short term rating as “A -2” as of Aril, 2020.