Karachi September 20 2024: TPL Corp Limited, TPL and Abhi (Private) Limited have jointly entered into a Share Purchase Agreement along with other definitive agreements, with FINCA Microfinance Coöperatief U.A to jointly acquire FINCA Microfinance Bank Limited.
This Acquisition sets the stage for a transformative expansion of financial services across the country and represents a significant milestone in the journey toward financial inclusion in Pakistan. TPL Corp, with its diverse business portfolio, sees this acquisition as an opportunity to enhance its impact in the financial sector and contribute to the creation of a more inclusive financial ecosystem in Pakistan.
The Acquisition shall remain subject to all regulatory approvals and requisite closing conditions.