Posts

Conference On Business, Economics, Finance,

Commodities like households , transportation, restaurant, energy items and hotel services have registered increase in the prices on YoY basis. Economic Adviser Finance Division briefed the NPMC about weekly SPI which witnessed decrease by 0.11% as compared to decline of 0.06% in the previous week, 33 food items contributed decrease of 0.05%, whereas 18 non-food items contributed decrease of 0.06% to the SPI. The items shown decline included Potatoes by 0.05%, Onions by 0.03%, Eggs by 0.04% and other by 0.05%. After taking the delivery, these goods are locally sold/ exported by the customer acting as Bank’s agent. It is simply a sale transaction where the seller discloses the cost and profit to the buyer at the time of execution of sale. The Bank purchases the product from market through its agent which may be a customer itself and subsequently sell it to customer on spot/deferred payment. Meezan Bank offers complete solution to its customers for all their working capital needs for p...

Refinance Scheme Finance Company

To meet the said working capital requirement Meezan Bank has complete range of products. Under National Financial Inclusion Strategy and strategic direction of SBP, SME sector has been identified as one of the key priority areas. In line with the strategic direction of SBP, key benchmarks to be achieved by 2020 are i) to increase SME share from existing 8 percent of private sector credit to 17 percent and ii) to increase number of borrowers from existing 174,000 to 500,000. Through this corporate arrangement, HBFC will facilitate the employees of Salaam Takaful Limited to avail housing finance facility across Pakistan on preferential terms & conditions. Through this corporate arrangement, HBFC will facilitate the employees of IGI Life to avail housing finance facility across Pakistan on preferential terms & conditions. Islamic Export  The Macroeconomic Advisory Group endorsed the government’s efforts being undertaken for dealing with the impact of rising prices on gene...