Allied Bank conducted SME Awareness Session at Jhang on July 19, 2018. Besides representatives from Local Chamber of Commerce, various trade organizations, agriculturists and SME customers, Muhammad Akbar, Deputy Chief Manager, SBP, Faisalabad, graced the occasion.
Rab Nawaz, Regional Head , ABL, CRBG Jhang Region, welcomed the participants, who spared precious time to attend the session. Hussnain Raza Mirza, Group Head, ABL CRBG South, in his opening remarks shared the importance of SMEs in overall GDP of Pakistan. Mohammad Fasih Siddiqui, Divisional Head Assets, CRBG South, delivered a comprehensive presentation, introducing ABL’s achievements in the prevailing competitive market, it’s contribution towards extending financial assistance and non-financial advisory services to SMEs. ABL’s criteria for selecting SMEs and limitations faced by SMEs in obtaining financing facilities from Banks were also elaborated. The presentation was concluded with suggestions for SMEs to develop themselves to bankable level.
Muhammad Akbar, Deputy Chief Manager, SBP, in his address highlighted the contribution of SMEs in economic growth of the country. He briefed the audience on SBP Refinance/Credit Guarantee facilities, available to SMEs through Banks.
Surendar Kumar, Group Head, Assets & Liabilities , ABL , CRBG South in his concluding remarks , invited all the participants to avail maximum benefit from the services offered by ABL. He also responded queries raised by the participants in Q&A session.
The session was ended with a note of thanks to all the participants, followed by lunch.