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SBP launches SMEConnect to simplify financing
KARACHI: The State Bank of Pakistan (SBP) has launched “SMEConnect,” a centralised digital portal to facilitate Small and Medium Enterprises (SMEs) in accessing financing from banks and Development Finance Institutions (DFIs), as part of its efforts to develop an SME-friendly financial ecosystem. The portal aims to strengthen linkages between SMEs and financial institutions by providing a single digital platform for businesses seeking financing. SMEConnect will also simplify access to financing for SMEs across Pakistan and streamline the application process, improve accessibility, efficiency a...
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