TIMES REPORT
PESHAWAR: The Bank of Khyber (BoK) held a meeting with Sarhad Chamber of Commerce & Industry (SCCI) President Junaid Altaf to discuss financial challenges faced by the business, industrial, SME and agricultural sectors.
The BoK delegation was led by Abdullah Ghaffar, Group Head Commercial, SME & Agricultural Finance Group, and Gul Buhar Khan, Group Head Retail Banking. The meeting focused on access to credit, financing terms, interest rates, collateral requirements and documentation procedures.
Both sides agreed to facilitate SME financing for SCCI employees and organize a joint session for SCCI’s SME members to brief them on available financing facilities and procedures. The session will also provide an opportunity for members to raise their concerns directly with BoK officials.
The meeting also discussed BoK’s Housing Finance Scheme for 5- to 10-marla homes and possible financing options for the business community.
The BoK delegation separately met Businessmen’s Forum Group Leader Ghazanfar Bilour and other representatives to discuss SME financing, banking facilities and broader financial challenges facing the business community.
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