Pakistan

Bank lending to SMEs in Pakistan fell 20 per cent between December 2007 and 2009, State Bank of Pakistan Governor Syed Salim Raza reported to the Small and Medium Enterprises (SME) Credit Advisory

Pakistan s SME sector is to receive significant funding for development in the coming year, according to a recent speech by Finance Minister Shaukat Tarin.

Aniq Islam, CEO and Director of DCD-JS Factors in Pakistan, provides his insights into the shape and development of the Pakistani factoring market.

HSBC Bank is looking to expand its market share in the country in the coming five to ten years.

Syed Salim Raza, State Bank of Pakistan governor said on Tuesday that the central bank had taken a number of initiatives for the promotion of SME financing in the country.

SCB and IFC are to tailor their banking facilities to support the needs of Pakistan's SME sector.

Responding to the difficulties faced by Pakistani SMEs looking for funding, the government is looking to extend a credit guarantee scheme to encourage bank lending.

Asian Development Bank's Operations Evaluation Department has rated Pakistan's SME Trade Enhancement Finance Project as 'unsuccessful'

Exporters would get a hefty amount of PKR358bn (EUR3.3bn) at the rate of 7.5pc under the export finance scheme (EFS) during the fiscal year 2009.

According to the State Bank of Pakistan funds amounting to PKR358bn (EUR 3.3bn) will be availab

The Securities and Exchange Commission of Pakistan (SECP) is to set to introduce Private Equity and Venture Capital Funds (PE VCF) for SMEs.