SBP to Introduce SMEs and Innovation Challenge Fund

SBP reservesĀ fallen by $497 million to $9.226 billion

The State Bank of Pakistan (SBP) has established a Challenge Fund for SMEs (CFS) to discover and encourage innovative SME banking solutions in Pakistan. The purpose of CFS is to encourage banks to create new technical solutions for the banking requirements of small and medium-sized businesses (SMEs). This will aid the SME sector in gaining … Read more