SCCI for offering gentle loans to businessmen in KP

PESHAWAR – President Sarhad Chamber of Commerce and Business (SCCI), Fuad Ishaq has urged authorities to subject directives to business banks to make sure provision of soft loans for promotion of small-scale companies and industries in Khyber Pakhtunkhwa. Fuad Ishaq was speaking with Al-Falah Financial institution Regional Enterprise Head Khyber Pakhtunkhwa and Gilgit Baltistan Jamil Ahmad Savul throughout a gathering held right here at Chamber’s Home, stated in a information launch right here on Saturday. He stated that distance of KP from seaport is affecting enterprise group and exporters so business banks ought to guarantee all attainable services to the enterprise group. He additionally pressured steps to ease difficulties of enterprise group relating to opening of letter of credit (LCs). The SCCI chief urged the business banks to enhance lending ratio and introduce particular schemes for revival of terrorism-affected and coronavirus pandemic hit companies and industries particularly the sick industrial models in KP. Through the assembly, Jamil Savul assured SCCI president that the financial institution was taking steps to facilitate enterprise group at each degree within the province. He apprised SCCI chief about difficulties that had been confronted by administration of the financial institution relating to organising a department of the Al-Falah in Industrial Property Hayatabad Peshawar and urged the SCCI to play a task to take away all hurdles on this regard. Fuad Ishaq assured officers of the Al-Falah Financial institution for taking over the problem of opening a department of the financial institution with related provincial authorities.