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SBP To Launch Credit Guarantee Scheme For Small Enterprises

Thursday, March 18, 2010 at 12:59 pm

Governor State Bank of Pakistan (SBP) Syed Salim Raza will launch a Credit Guarantee Scheme for Small and Rural Enterprises, under the Financial Inclusion Programme (FIP) at a ceremony being held at SBP Learning Resource Centre Auditorium on March 19.

According to a statement of SBP, Raza will also announce a Refinance Scheme for Small and Medium Enterprises (SMEs) in North West Frontier Province (NWFP), Federally Administered Tribal Area (FATA) and Gilgit-Baltistan (GB).

These schemes are aimed at enhancing the flow of credit to the SME and agriculture sectors with greater emphasis on revitalisation of business activities in the troubled areas of NWFP and FATA, beside Gilgit-Baltistan.

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Written by: Umar Awais

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