Business · 1h ago
Abhi Microfinance Bank Files for Rs. 3 Billion IPO on PSX
Abhi, a Pakistani fintech group, plans to launch a Rs. 3 billion IPO for its microfinance bank on the Pakistan Stock Exchange this month. The offering aims to raise capital for expansion and regulatory compliance. This marks a significant milestone for Pakistan's digital lending sector.
Meridian48 take
The IPO tests investor appetite for fintech in Pakistan, where digital banking is still nascent but growing rapidly.
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