SBP engage in developing coordination with chambers, academia for economic development

District


HYDERABAD The State Bank of Pakistan (SBP) has been engaged in developing coordination with the Chambers of Commerce and Industry and academia of the country for bringing economic development to the country.

This was stated by the Chief Manager SBP Hyderabad Adeel Iqbal while addressing the members of the Hyderabad Chamber of Commerce and Industry (HCCI) here on Thursday, informed HCCI spokesman.

Adeel Iqbal said the work on accomplishment of national goals of economic stability is being carried out at a rapid pace and there is a need for support from the nation to the policies initiated for the larger interests of the country.

He informed that the SBP was providing loans to youth under the ‘Kamiyab Jawan Rozgar Scheme’ and also giving subsidies on solar energy. The women in India and Bangladesh fully participate in economic development activities therefore loan limit has also been enhanced up to Rs 5 million for women who want to do their own business, he informed and added that businesswomen are getting
loans from commercial banks with a five percent markup.

He informed that separate desks have been established in State Bank and Commercial Banks to facilitate the businesswomen of the country. The businesswomen and the women agriculturists should avail modern technologies including information technology and digitalized economy so that they could achieve success in their respective fields, he suggested.

Responding to complaints of the HCCI members, he advised the businessmen to contact with consumer protection department to resolve their issues and assured that the issues of glass bangles industry would be resolved.

Earlier, the President HCCI Adeel Siddiqui in his welcome address, highlighted the grievances being faced by the business community of Hyderabad.

Among others, Deputy Chief Manager SBP Hyderabad Muhammad Izhar Ansari, Assistant Chief Manager Ghulam Ali Shah, Senior Vice President HCCI Najamuddin Qureshi and Vice President Owais Khan were also present on the occasion.