Telenor Pakistan

Jun 21st, 2015
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Saint Gregory's University
Course: general
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Telenor Pakistan is a 100% owned subsidiary of Telenor Group. It is the second largest mobile operator in Pakistan, with over 26million subscribers and a market share of 24%. Late in 2008, Telenor acquired 51% of Tameer Microfinance Bank. Tameer Microfinance Bank is a fully licensed microfinance bank licensed by the State Bank of Pakistan in 2005.

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TelenorTelenor Pakistan is a 100% owned subsidiary of Telenor Group. It is the second largest mobile operator in Pakistan, with over 26million subscribers and a market share of 24%. Late in 2008, Telenor acquired 51% of Tameer Microfinance Bank. Tameer Microfinance Bank is a fully licensed microfinance bank licensed by the State Bank of Pakistan in 2005. It maintains a network of ATMS and branches across Pakistan. The acquisition of Tameer Microfinance Bank provided Telenor Pakistan with a banking license, and paved the way for it to offer mobile financial services.The Pakistani population is vast, and in rural areas of the country, deploying traditional bank infrastructure was not appropriate due to the expense and lack of access to physical branches. As such, the government has fostered an advanced approach to governance and regulation to encourage developments such as the introduction of mobile financial services. In March 2008, the State Bank of Pakistan was one of the first regulators globally to introduce guidelines around branchless banking. The regulations allowed a number of different business models and permitted agents to deliver financial services on behalf of bank

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