KARACHI: Credit to Pakistan’s private sector surged to a three-year high during the first five months of the current fiscal year, crossing Rs1.2 trillion, according to State Bank data released on Monday. While the increase signals higher economic activity, bankers warn that most of the funds are being used for short-term working capital rather than […]
working capital
Allied Bank promotes warehouse financing solution for agricultural businesses
Allied Bank Limited (ABL) has concluded a series of awareness activities to promote its Warehouse Facility, a financing solution designed to help agricultural businesses overcome long-standing barriers to credit access. The facility allows millers, traders, farmers, and agri-enterprises to obtain working capital against their stored stock rather than traditional collateral such as land or property. […]