Pakistan Govt Asks SBP to Fix SME Credit Crunch as Businesses Demand Easier Loans and Simple Taxes
Pakistan government directs State Bank to address SME credit crisis as small businesses demand easier financing, fixed tax regime, and relief from high energy costs to boost growth and exports.
Meezan Bank and Hawk International Pakistan Introduce Shariah-Compliant Financing for Fire and Life Safety Systems
Meezan Bank signs MoU with Hawk International Pakistan to provide Shariah-compliant financing for SMEs, supporting workplace safety, ESG objectives, and sustainable business practices.
Over 20,000 Women Entrepreneurs Secure Rs24 Billion in Financing as SBP Expands Inclusion Initiatives
The State Bank of Pakistan reports that more than 20,000 women-led businesses received over Rs24 billion in financing during the past year, reflecting strengthened national efforts to expand financial inclusion and support women’s economic participation.
Allied Bank Expands Access to Agri-Financing Through Innovative Warehouse Facility
Allied Bank is scaling support for Pakistan’s agricultural economy through its Warehouse Facility, enabling farmers, traders, and agri-enterprises to secure financing against stored commodities rather than land or property.
Dubai Islamic Bank Pakistan Partners with Fauree to Expand Shariah-Compliant Financing Solutions
Dubai Islamic Bank Pakistan signs a multi-product agreement with Fauree to enhance its Shariah-compliant offerings, targeting corporate, SME, and consumer sectors with innovative and sustainable finance solutions.
Mashreq Bank’s Digital Launch Signals Global Confidence in Pakistan’s Economy: PBA
The Pakistan Banks Association hailed the launch of Mashreq’s digital retail bank in Pakistan as a sign of international trust, highlighting the sector’s tax contributions, digital reforms, SME financing, and social impact.
DigiKhata Secures NBFC Lending License from SECP to Expand Digital Credit Solutions
DigiKhata Financial Services Ltd. has been granted an NBFC lending license by the SECP, marking its entry into regulated digital credit services to bridge Pakistan’s SME financing gap and boost financial inclusion.
HBL Partners with Mastercard to Launch Business Debit Cards for Pakistan’s SMEs
HBL, in collaboration with Mastercard, has introduced Business Debit Cards tailored for SMEs, enabling secure, digital transactions while supporting Pakistan’s cashless economy and promoting financial inclusion for small businesses and entrepreneurs.
SBP Governor Jameel Ahmad Identifies Low Domestic Savings as Core Economic Weakness
SBP Governor Jameel Ahmad has warned that Pakistan’s persistently low domestic savings rate remains a major economic challenge. He urged reforms to mobilize local savings, deepen capital markets, and reduce reliance on foreign inflows, while highlighting progress in sovereign debt reforms but slow growth in corporate and equity markets.
HBL and SEDF Partner to Accelerate SME Financing and Economic Development in Sindh
HBL and the Sindh Enterprise Development Fund (SEDF) have partnered to offer subsidized credit to SMEs across Sindh, aiming to strengthen business growth, financial inclusion, and job creation through a jointly developed financing framework.