Standard Chartered Pakistan recently hosted an event focused on how tailored foreign exchange (FX) solutions can help small and medium-sized enterprises (SMEs) navigate international markets with increased confidence and operational efficiency. SMEs, which account for over 70% of non-agricultural employment in Pakistan, are widely recognised as a critical driver of the country’s economic growth and a key contributor to national exports. The event emphasised the strategic role that customised FX services can play in enabling businesses to scale, compete globally, and capture international opportunities.
With a presence in over 53 global markets, Standard Chartered is uniquely positioned to support SME growth by offering deep market insights, end-to-end FX execution capabilities, and competitive pricing. These capabilities enable businesses to streamline cross-border transactions, reduce friction in international operations, and optimise their global supply chains. By leveraging the Bank’s extensive network and expertise, SMEs gain access to tailored solutions designed to meet the specific needs of their industries and growth strategies.
During the event, Saadya Riaz, Head of Wealth and Retail Banking at Standard Chartered, highlighted the importance of SMEs to Pakistan’s economic landscape. She said, “SMEs are a vital engine of Pakistan’s economy, driving growth and employment. At Standard Chartered, we are committed to supporting their ambitions by building long-term partnerships and by delivering tailored solutions, insights, and global expertise that will enable them to scale their businesses with confidence.” Her remarks underscored the Bank’s commitment to providing SMEs with the tools and advisory support necessary to succeed in increasingly competitive international markets.
The discussions at the event focused on practical strategies for businesses to leverage FX solutions to manage currency risk, optimise transaction costs, and expand their presence in foreign markets. By bringing together market experts, client representatives, and sector specialists, Standard Chartered facilitated meaningful dialogue on innovation, resilience, and global expansion, reinforcing the Bank’s broader commitment to supporting high-impact sectors of the economy.
Participants were able to explore opportunities in cross-border trade, examine best practices for foreign exchange management, and gain insights into emerging global market trends. The event highlighted how a robust FX strategy can directly contribute to operational efficiency, improve profitability, and provide a competitive edge for SMEs seeking to expand internationally.
Standard Chartered’s focus on SME support reflects a growing emphasis on nurturing the entrepreneurial ecosystem in Pakistan. By combining financial expertise with a global perspective, the Bank aims to empower businesses to overcome structural challenges, seize international opportunities, and strengthen their contribution to national economic growth. The event further demonstrates how targeted financial solutions and strategic advisory services can transform SMEs into globally competitive enterprises while reinforcing Pakistan’s position in the international trade landscape.
Through continued engagement with SMEs and high-impact sectors, Standard Chartered is fostering an environment that encourages innovation, risk management, and long-term business sustainability, ensuring that Pakistan’s small and medium enterprises are well-positioned to participate in the global economy.
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