BoK, Sarhad Chamber discuss SME financing, business support

PESHAWAR: Bank of Khyber (BoK) held a meeting with President Sarhad Chamber of Commerce & Industry (SCCI), Junaid Altaf, to discuss financial challenges facing the business, industrial, SME and agricultural sectors.

The BoK delegation was led by Abdullah Ghaffar, Group Head Commercial, SME & Agricultural Finance Group, and Gul Buhar Khan, Group Head Retail Banking. Discussions focused on access to credit, financing terms, interest rates, collateral requirements and documentation procedures.

Both sides agreed to facilitate SME financing for SCCI employees and to organize a joint session with SCCI’s SME members to brief them on available financing facilities, terms and procedures, while providing an opportunity to raise their concerns directly with BoK officials.

The meeting also included discussions on BoK’s Housing Finance Scheme for 5- to 10-marla homes and potential financing options for the business community.

The BoK delegation also met with Businessmen’s Forum Group Leader Ghazanfar Bilour and other representatives, where discussions focused on SME financing, banking facilities and the broader financial and economic challenges faced by the business community.

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