Tag: SME financing Pakistan

IFC and HABIBMETRO Launch $40 Million Risk-Sharing Facility to Boost SME and Agri Financing in Pakistan

IFC partners with Habib Metropolitan Bank to introduce a $40 million risk-sharing facility aimed at expanding SME and agricultural financing in Pakistan, addressing the country’s $3.2 million SME credit gap.

SBP Mandates Digital Onboarding of SMEs via Video KYC and GPS

The State Bank of Pakistan directs banks and DFIs to adopt end-to-end digital onboarding for SMEs, leveraging video KYC, GPS, and digital credit scoring to enhance financial inclusion and streamline lending processes.

Dubai Islamic Bank Pakistan Expands Shariah-Compliant Offerings Through Strategic Multi-Product Agreement with Fauree

Dubai Islamic Bank Pakistan has signed a multi-product agreement with Fauree to expand its Shariah-compliant offerings for corporate, SME, and consumer sectors, reinforcing its leadership in Islamic banking and supporting financial innovation and inclusion.

Bank of Punjab and Mastercard Collaborate to Digitize Agriculture and MSMEs with Credit and Cashless Payments

The Bank of Punjab (BOP) and Mastercard have partnered to digitize agriculture and MSME sectors in Pakistan, launching instant credit cards and digital payment solutions to drive financial inclusion and support cashless transactions.

DigiKhata Receives NBFC License from SECP to Offer Digital Credit for SMEs and MSMEs

DigiKhata has received an NBFC license from SECP, enabling the fintech to expand into regulated digital lending and offer credit solutions for SMEs and MSMEs in Pakistan.