Brief Profile of the Bank
SME Bank was established by Government of Pakistan through Ordinance No. LVI of 2001 called as Regional Development Finance Corporation and Small Business Finance Corporation (Amalgamation and Conversion) ordinance. It was formed with the purpose of dissemination of financial support to the small and medium sized enterprises in Pakistan. The branch and its leasing company extended credit of Rs. 1.2 billion. This makes total SMEs financed over the last 5 years 5,472 and total disbursement of Rs. 4.2 billion, as of December 2005.
Products and Services Offered
The Bank engaged in the business of banking with primary objective to support and develop SME sector in Pakistan by providing necessary financial assistance and business support services on a sustainable basis.
Subsidiaries and Affiliates
SME Leasing