Chinese firm plans to invest in clean energy D_Trends

Chinese firm plans to invest in clean energy D_Trends

ISLAMABAD: Minister for Board of Investment, Privatisation and Communications Abdul Aleem Khan on Saturday got assurance from Chinese group Hexing Electrical that it would make heavy investment by establishing a new industrial unit, especially in the renewable energy sector. Hexing Electrical Chairman Liangzhang Zhou, along with a delegation, met the minister for investment and informed … Read more

SBP increases clean lending limit for SMEs to Rs10 million D_Trends

SBP increases clean lending limit for SMEs to Rs10 million D_Trends

The State Bank of Pakistan (SBP) has increased the clean lending limit for Small and Medium-sized Enterprises (SMEs) to Rs10 million, aiming to facilitate their access to finance. The banking regulator has amended the Prudential Regulations for SME Financing, specifically SME Regulation R-4, to raise the clean lending limit for an SME borrower from Rs5 … Read more