SBP mulls Se­cure Trans­ac­tion Law to in­crease SMEs lend­ing

The Pak Banker - - FRONT PAGE -

value of as­sets are also not avail­ing lend­ing from the banks as their loan col­lat­eral is not reg­is­tered at any­where. The reg­is­tra­tion will be made elec­tron­i­cally and the bank will feel free to ex­tend lend­ing to the SMEs. In an an­swer to a ques­tion, the SBP SMEs ex­ec­u­tive di­rec­tor said that SBP has been do­ing ca­pac­ity build­ing of banker who are con­cerned with the SMEs while SMEs own­ers also need ca­pac­ity build­ing which does not come un­der SBP do­main.

SAEDA like or­ga­ni­za­tion can do good in this re­gard and SBP is ready to ex­tend its ex­per­tise with re­gard to ed­u­cate and train the SMEs hold­ers. Cur­rently SMEs are be­ing ex­tended 5 per­cent of the to­tal credit of the coun­try and SBP SME has set its tar­get to in­crease the SME lend­ing by 15 per­cent in the next three years. The SMEs SBP has also con­ducted sur­veys of the SMEs and draw out use­ful con­clu­sions to fur­ther stream­line the lend­ing to the SMEs. He said re­cently, in Gu­jrat, SBP sur­veyed fan com­pa­nies in this con­nec­tion. Such stud­ies will also en­able the bank to make prod­ucts in ac­cor­dance with SMEs and lend to the SMEs avoid­ing pit­falls in the lend­ing to the SMEs.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.