SMEs have assumed great importance in the developing counties in recent years. Though they contribute very greatly to trade, commerce and industry yet they have difficulties it raising capital for them. Keeping all these issue in view SME banks have been established in Pakistan to cater to the financial needs of these enterprises. The SME banks are providing basically short term working capital to the small and medium enterprises in Pakistan.
Saturday, 24 December 2011
What is Eximp Bank?
These are the banks which provide finance for promotion of imports and exports to trade,commerce and industry. These bank are contributing greatly towards the expansion of international trade of developed countries where they function mainly in private sector.
What is Cooperative Bank?
These were the banks established and registered as a cooperative venture to provide banking facilities to the members of cooperatives. In Pakistan the Federal Bank of Cooperatives was such a bank but now it has been merged with Zarai Taraqiati Bank.
Subscribe to:
Posts (Atom)