Soneri Bank Limited has announced plans to explore a potential acquisition as part of its broader strategy to diversify business operations and strengthen long-term growth prospects. The development was formally disclosed through a notice submitted to the Pakistan Stock Exchange. According to the filing, the bank’s board of directors has granted authorization to the President […]
A Boost for Pakistan’s SMEs: National Credit Guarantee Company Launched
Good news for Pakistan’s small and medium-sized enterprises (SMEs)! The government has launched the National Credit Guarantee Company Limited (NCGCL), the country’s first-ever credit guarantee company dedicated to providing financial support to SMEs. This groundbreaking initiative aims to address a critical challenge facing Pakistani SMEs: limited access to credit. With private credit for SMEs at […]