EXPO/SEMINAR FOR PROMOTION OF SME FINANCING

The Union of Small and Medium Enterprises (UNISAME) welcomed and appreciated the State Bank of Pakistan (SBP) for organizing to hold the Expo/Seminar for promotion of SME financing on 19th December at Karachi aimed at creating awareness among SMEs and other stakeholders about banks and DFIs financing facilities for SMEs.

Zulfikar Thaver president UNISAME and chairman Working Group Capacity Building (WGCB) of the Technical Committee (TC) of the National Financial Inclusion Strategy (NFIS) said the seminar will certainly give an opportunity to the various institutions to inform and enlighten the sector about the facilities available for the SMEs and to what extent the banks and DFIs are available and the access to finance which can be enjoyed by the entrepreneurs.

He said it will also be an opportunity for the SMEs to connect with the SME promotion and development institutions and the commercial banks and put forward their expectations and requirements. Many SMEs are not aware of the various facilities available and it is very important that they are informed about the facilities which they can avail.

Thaver said UNISAME will participate along with its committee members and SMEs representatives from rice, spices, commodities, textiles, light engineering goods manufacturers, food stuffs, value addition units and service providers.

The Infrastructure, Housing and SME Finance Department of the SBP has informed UNISAME that the deputy governor SBP Saeed Ahmad will be the chief guest and prominent speakers will make presentations. Banks and DFIs would showcase their products and services beneficial for the SMEs.

The invitation further said that the event will be a good platform for stakeholders to update audience and visitors about their products, services and initiatives for SMEs.