SBP plans to offer soft loans to small traders

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STAFF REPORT SIALKOT: The SBP has a plan to provide soft business loans to enable small traders to expand their businesses.


“The central bank has evolved a comprehensive strategy to give a boost to small industrial estate sector, besides encouraging small traders and industrialists to take full advantage and benefit of the SBPs soft loans schemes,” SBP Deputy Director Iqbal Hussain said this while addressing industrialists in Sialkot.


On the occasion, GCCI President Khalid Hassan said SMEs have always played a pivotal role in giving a boost to the economy of any country; thus it has become vital to encourage SMEs at every level.


He called for encouraging SMEs to ensure early provision of a strong industrial base, enabling the SMEs to utilise all their abilities for the promotion of their businesses.


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Published in: Volume 06 Issue 08

Short Link: http://www.technologytimes.pk/?p=12923