Leasing Limited was incorporated as an unlisted public limited company on July 12, 2005.
class="text-2xl mt-4 leading-tight Aj preto sme
sa rozhodli, ze 50 rokov od pristatia loveka na Mesiaci si zaslazi na SME
, the agency of the Department of Economic Development (DED) mandated to develop the small and medium enterprise (SME
) sector, has signed a memorandum of understanding (MoU) with Mohammad Ali Al Hamadi Advocates, a leading local legal firm, to facilitate SME
access to knowledge and support on business laws.
Seven separate sessions were held in these cities whereas a SME
Finance Mela was organised in Gujranwala in coordination with the Gujranwala Chamber of Commerce and Small and Medium Enterprises Development Authority.
Present statistics showed that SME
financing through banks in the country has first time crossed the milestone of Rs 500 billion.
The growth in SME
financing was even more prominent in the last six months of CY 2018 (July-Dec, 2018) wherein it registered an increase of 25 percent.
This will continue to encourage banks to fulfill the financing needs of SMEs
. It is worth mentioning that SME
sector is contributing 30 percent towards country's GDP, employ more than 80 percent of non-agricultural workforce and generate 25 percent in export earnings.
Thus, the SME
sector has a huge potential for employment generation and poverty alleviation,' the central bank said in a statement.
The impact of SBP interventions resulted into significant rise in outstanding SME
finance by banks/DFIs coupled with 2.3 percent decrease in non-performing SME
portfolio of banks over last year.
financing was recorded at Rs513 billion at the end of 2018 as compared to Rs450 billion in the corresponding period of last year, exhibiting growth of 14pc.
Karandaaz Pakistan, a company funded by the UK's Department for International Development, and JS Bank , one of Pakistan's fastest growing banking institutions, signed the risk participation agreement to jointly facilitate SME