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Meezan Bank launches SAAF Scheme for SMEs

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Meezan Bank

KARACHI: Meezan Bank Limited, Pakistan’s first and largest Islamic bank, also became the first bank to launch the Islamic SME Asaan Finance Scheme (I-SAAF) for Small and Medium Enterprises (SMEs) under the State Bank of Pakistan’s (SBP) SME Asaan Finance Scheme (SAAF), a statement said on Wednesday. The launching ceremony was held at the Multan … Read more

SBP unveils SME finance scheme sans collateral

by
State Bank

KARACHI: The State Bank of Pakistan (SBP) on Monday introduced an innovative initiative to improve access to finance for the Small and Medium Enterprises (SMEs) in collaboration with the federal government with the aim of enabling businesses who cannot offer security/collateral to access bank finance, a statement said on Monday. The central bank said this … Read more

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