Asian Development Bank assures full support to SMEs

A delegation of the Asian Development Bank (ADB) assured full support to the members of Small and Medium Enterprises in Pakistan and by end of this year a comprehensive development plan will be finalised under the aegis of the Small And Medium Siz

SMEs need the umbrella of insurance

Despite accounting for 78% of non-agri employment, small- and medium-size enterprises (SMEs) contribute only 35% of annual gross domestic product (GDP).

SME Bank funds reach three times as many SMEs

SME Bank disbursed Rs 697 million to 1,389 small- and medium-size enterprises (SMEs) in 31 different business sectors during last six months of the fiscal year 2002-03, showing a significant increase in SME financing.

State bank working for new regulation for SMEs

State Bank of Pakistan (SBP) governor, Dr. Ishrat Husain, said the central bank was working on new prudential regulations that will allow the small- and medium-size enterprise (SME) sector to grow in the country.

Asian Development Bank proposes privatisation of SME Bank

The Asian Development Bank (ADB) proposes assistance for restructuring and ultimate privatisation of SME Bank for it to play an important and efficient role in serving small- and medium-size enterprises (SMEs), said M Ali Shah, Country Director AD