Tag Archives: Let microfinance banks do SME financing

In December 2017, the State Bank of Pakistan (SBP) launched its policy to encourage financing for small and medium enterprises (SMEs). The policy seeks to enhance the sector’s share in private-sector credit from 8.7 per cent to 17pc and increase the number of borrowers from less than 164,500 to half a million by 2020. A year later, the situation remains …

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