Wednesday, 17 April 2013 00:47
Posted by Imaduddin
LAHORE: The State Bank of Pakistan (SBP) and the Small and Medium Enterprises Development Authority (SMEDA) Tuesday agreed to make joint efforts for facilitating SME's access to finance. This was said at a meeting between a team of SMEDA financial experts and CEO SMEDA Sardar Ahmad Nawaz Sukhera at SMEDA office here on Tuesday. The team said that in line with SMEDA's new mission to build partnerships for catalyzing growth and development of SME sector, meetings were held last week with senior officials of the State Bank at Karachi to discuss the scope of mutual cooperation of the two organizations for enabling SME's access to finance. SMEDA has identified various instruments that could be developed for increasing SME's access to finance, including sector specific programme lending schemes as well as mechanisms for building capacity of commercial banks in risk assessment of SME clients. The SMEDA's experts while visiting SBP head ...
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LAHORE: The State Bank of Pakistan (SBP) and the Small and Medium Enterprises Development Authority (SMEDA) Tuesday agreed to make joint efforts for facilitating SME's access to finance. This was said at a meeting between a team of SMEDA financial experts and CEO SMEDA Sardar Ahmad Nawaz Sukhera at SMEDA office here on Tuesday. The team said that in line with SMEDA's new mission to build partnerships for catalyzing growth and development of SME sector, meetings were held last week with senior officials of the State Bank at Karachi to discuss the scope of mutual cooperation of the two organizations for enabling SME's access to finance. SMEDA has identified various instruments that could be developed for increasing SME's access to finance, including sector specific programme lending schemes as well as mechanisms for building capacity of commercial banks in risk assessment of SME clients. The SMEDA's experts while visiting SBP head ...
ISLAMABAD: Pakistan's domestic debt has increased by Rs691 billion in the first half of FY13 compared to Rs854 billion in the first half of FY12, however, the country's external public debt actually fell by US$ 1.9 billion during the half year (of which US$ 1.3 billion was owed to the International Monetary Fund (IMF)."Repayments, without fresh inflows, did put pressure on the country's BoP and exchange rate, which ideally should be countered by running a ...
ISLAMABAD: Khushhali bank participated in the 3rd Islamabad Expo 2013 organized by Islamabad Women Chamber of Commerce and Industry, showing their untiring support and commitment to budding women entrepreneurs in the country. Speaking on the occasion, Caretaker Federal Minister for Commerce and Textile Maqbool H Rahmatoola stressed on the need for increasing export of value-added items for the survival of the country. He said that the government is working on increasing exports while focusing on ...
ISLAMABAD: Mobile banking in Pakistan has witnessed a reasonable growth as the number of such accounts (M-Wallets) has reached 1.4 million by 2012, showing an increase of 156 percent as compared to previous years. The current number of m-banking accounts is seven times higher than the numbers at the end of September 2010. Of the total 1.4 million m-banking accounts, 66 percent are active accounts and the ratio of active accounts has increased from 54 ...
RECORDER REPORTKARACHI: The State Bank of Pakistan has said that the outlook for the economy is strongly influenced by the perceived vulnerabilities in the external sector and the country is likely to achieve a GDP growth rate of upto 4 percent against the target of 4.3 percent for FY13. Structural problems in Pakistan's economy persist and manifestations such as the debt trap, loss-making Public Sector Enterprises (PSEs) and a narrow tax base, will continue to ...
KARACHI: The First Women Bank Limited (FWBL) has established a Human Resource and Development Centre.The president of the Bank, Mrs Shafqat Sultana, performed the inauguration here on Tuesday.Addressing the executives and employees of the FWBL she said that focusing on human resource development is the first priority of the Bank so that its professional base is expanded and strengthened.She was of the view that in these days the training is just like marketing and that ...
