MICROFINANCE

S.KAMAL HAYDER KAZMI,
(feedback@pgeconomist.com)
Research Analyst
, PAGE
Mar
5 - 11, 2012

NON-PERFORMING LOANS (Rs in million)

. AS ON 30.06.2011 AS ON 30.09.2011

BANKS/ DFIS

NPLS NET NPLS NET NPLS TO NET LOAN (%) NPLS NET NPLS NET NPLS TO NET LOAN (%)
All Banks & DFIs 591,226 188,113 5.48 629,555 215,977 6.53
All Banks 575,848 182,622 5.40 613,219 209,632 6.42
All Commercial Banks 542,176 169,875 5.16 577,778 196,020 6.18
Public Sector Banks 166,915 77,067 11.21 193,214 102,044 15.10
Local Private Banks 368,561 92,054 3.63 377,334 93,154 3.83
Foreign Banks 6,701 754 1.10 7,230 822 1.26
Specialized Banks 33,671 12,748 13.74 35,441 13,612 14.68
DFIs 15,378 5,491 11.59 16,336 6,344 13.49
Note: (Domestic and Overseas Operations)

US $ RATES  PER PAK RUPEE

YEARS LEADARS US $
1972 Z.A. Bhutto Rs 4.7
1977 Z.A. Bhutto Rs 9.9
1983 Gen Ziaulhaq Rs 13.1
1987 Gen Ziaulhaq Rs 17.7
1990 Benazir Bhutto Rs 24
1991 Nawaz Sharif Rs 25
1994 Benazir Bhutto Rs 30.6
1996 Benazir Bhutto Rs 40.3
1997-99 Nawaz Sharif Rs 53
1999-08 Pervaiz Musharraf Rs 62
2008 to date Yousaf Raza Gilani Rs 91.20

LIQUID FX RESERVES DURING 2010-11 (million US $)

Net reserves with SBP 14,783.6
Net reserves with banks 3,460.2
Total liquid FX reserves 18,243.8

FBR TAX COLLECTION (Rs. MN)

MONTHS TOTAL DIRECT TOTAL INDIRECT TAXES TAX COLLECTION
April-11 49,635 80,051 129,686
May-11 46,995 112,628 159,623
June-11 124,204 124,352 248,556
July-11 28,966 83,309 112,275
Aug-11 32,069 88,437 120,506
Sep-11 63,507 84,516 148,023
Oct-11 39,659 86,749 126,408
Nov-11 45,421 86,428 131,849
Dec-11 102,945 98,731 201,676

PAKISTAN: INTEREST RATE SPREAD (%)

YEARS AVERAGE YIELD ON EARNING ASSETS AVERAGE COST OF INTEREST LIABILITIES SPREAD
(a) (b) (a-b)
CY98 14.0 8.5 5.4
CY99 12.7 7.7 5.0
CY00 11.3 6.6 4.7
CY01 11.2 6.1 5.1
CY02 8.7 4.3 4.5
CY03 5.7 2.0 3.8
CY04 5.0 1.5 3.5
CY05 7.5 2.6 5.0
CY06 9.1 3.9 5.2

GDP GROWTH (%)

2006-07 2007-08 2008-09 2009-10 2010-11
6.8 3.7 1.7 3.8 2.4

MICRO FINANCE BANKS / INSTITUTIONS

KASHF Microfinance Bank Limited Khushhali Bank Limited
Network Microfinance Bank Limited NRSP Microfinance Bank Limited
Pak Oman Microfinance Bank Limited Rozgar Microfinance Bank Limited
Tameer Micro Finance Bank Limited The First Micro Finance Bank Limited

INTEREST RATES IN PAKISTAN

DATE RATES (%)
30-Jan-10 12.5
27-Mar-10 12.5
24-May-10 12.5
2-Aug-10 13.00
30-Sep-10 13.5
30-Nov-10 14.00
1-Aug-11 13.5
9-Oct-11 to date 12.00

MICROFINANCE INDUSTRY INDICATORS IN PAKISTAN

INDICATORS NO. OF MFBS NO. OF BR. TOTAL NO. OF BOR. GROSS
LOAN POR.
(RS IN '000)
AVG. LOAN SIZE (RS) TOTAL NO. OF DEP. DEPOSITS (RS. IN '000)
Dec-07 MFBs 6 232 435,407 4,456,259 10,235 146,258 2,822,845
MFIs 24 870 831,775 8,293,724 9,971 - -
Total 30 1,102 1,267,182 12,749,983 10,062 146,258 2,822,845
Dec-08 MFBs 7 271 542,641 6,461,462 11,907 254,381 4,115,667
MFIs 20 1,186 1,190,238 11,952,000 14,940 - -
Total 27 1,457 1,732,879 18,413,462 10,626 254,381 4,115,667
Dec-09 MFBs 8 284 703,044 9,004,000 13,576 459,024 7,099,206
MFIs 21 1,159 1,123,001 12,719,000 11,326 - -
Total 29 1,443 1,826,045 21,723,000 12,131 459,024 7,099,206
Dec-10 MFBs 8 284 717,141 10,528,000 20,151 780,294 10,289,000
MFIs 21 1,252 1,342,395 14,966,000 17,180 - -
Total 29 1,536 2,059,536 25,494,000 18,385 780,294 10,289,000
BR: BRANCHES, BOR: BORROWERS, POR: PORTFOLIO, AVG: AVERAGE, DEP: DEPOSITORS

INTEREST RATES

COUNTRY CURRENT RATE LAST CHANGE
Canada 1% Sep 08 2010
China 6.56% Jul 06 2011
India 8.50% Oct 25 2011
Turkey 5.75% Aug 05 2011
United Kingdom 0.50% Mar 05 2009
United States 0.25% Dec 16 2008

FAMILIARITY WITH PAKISTANíS MICROFINANCE SECTOR

Vary familiar 86%
Somewhat familiar 14%