PBF for reforms to promote cash-flow-based lending for SME growth
Pakistan Business Forum (PBF) urged policy-makers and financial regulators to introduce prudential regulations to encourage cash-flow-based lending and unlock the immense potential of Pakistan’s small and medium enterprise (SME) sector.
Editor
IFC & Habib Metro Launch Risk-Sharing Facility to Empower SMEs
International Finance Corporation (IFC) announced a new risk-sharing facility with Habib Metropolitan Bank Limited (HABIBMETRO) to expand access to finance for small and medium enterprises (SMEs) across Pakistan, including agricultural SMEs, and address the country’s SME financing gap.
Mehfooz
PBA: Banks Drive Economic Revival with Rs 1.5 Trillion Private Sector Lending; SME Portfolio Surges 41%, Agri Disbursements Jump 16%
Commercial banks have extended approximately Rs 1.5 trillion in financing to the private sector in FY26, a surge in liquidity that is driving 8.33% growth in Large-Scale Manufacturing (LSM), validating the sector’s pivotal role in supporting industrial output and job creation.
Adil Aziz
SBP for adoption of Digital Supply Chain Finance solutions by banks
The State Bank of Pakistan instructed banks to develop and implement digital solutions for supply chain finance within six months to leverage the technology for increasing the SMEs’ access to finance and digitizing retail payments.
Mobilink Bank witnesses 72% revenue growth
Mobilink Bank achieved multiple financial milestones in 2023, solidifying its position in the banking industry. With a revenue of PKR 41,053 million, representing 72% growth from the previous year, the Bank’s performance underscores its commitment to excellence and innovation, particularly in its support for women and Small and medium-sized enterprises (SMEs).
IPO-Pakistan sensitizes SMEs about importance of IPRs to flourish
The Chairman of the Intellectual Property Organization (IPO) of Pakistan, Farukh Amil said that SMEs should get better awareness about the protection and enforcement of patents, copyrights, and trademarks to avoid counterfeiting and piracy of their products and flourish their business at the national and international level.
Pakistan’s first Special Credit Guarantee company launches by joint venture of Finance Ministry and Karandaanz
Ministry of Finance and Karandaaz launched Pakistan’s first special credit guarantee company namely the National Credit Guarantee Company Limited (NCGCL), with an objective to provide financial assistance to small and medium-sized enterprises (SMEs) in the country.
Germany want expand to business ties with Pakistan: AHK
Pakistan’s Representative in German Emirati Joint Council for Industry & Commerce (AHK) Muhammad Usman has said that German government and businesses have been looking towards Pakistan in recent years for strengthening business and investment ties which was the basic reason for establishment of Pakistan’s desk at AHK in Dubai.
Mobilink Bank secures Best Bank for Inclusion Award at PBA 2023
Mobilink Bank has won the prestigious title of Best Bank for Inclusion at the Pakistan Banking Awards (PBA) 2023, held at Pearl Continental Hotel, Karachi, November 24.
Karachi based SMEs demand of Subsidized electricity tariff: President FBATI
President Federal B Area Trade and Industry Syed Raza Hussain said the government should provide a subsidized electricity tariff to Small and Medium Sized Enterprises (SMEs) of the commercial capital Karachi to revive economic activity at an accelerated pace.
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