TPL Corp, Abhi complete acquisition of majority stake in FINCA

By MG News | January 24, 2025 at 09:37 AM GMT+05:00

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January 24, 2025 (MLN): TPL Corp Limited (PSX: TPL) and Abhi (Private) Limited have acquired a majority shareholding in FINCA Microfinance Bank Limited.

The above-stated information was disseminated through notification to the Pakistan Stock Exchange.

To recall, on November 12, 2024, the State Bank of Pakistan (SBP) granted its final approval to TPL and Abhi (Private) Limited to acquire up to 94.8% shareholding in FINCA Microfinance Bank Limited.

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