Eligibility criteria will be as per SBP’s Prudential Regulations and Bank’s Credit Policies on case to case basis.
The SME Business is primarily managed as under:
|
Annual Turnover |
No of Employees |
Exposure |
| Small Enterprises (SE) |
Up to Rs. 150 Million |
50 (Including contractual employees) |
Up to Rs. 25 Million ** from all FIs* |
| Medium Enterprises (ME) |
Above Rs. 150 Million to Rs. 800 Million |
Manufacturing & Service: 51 -250 Trading: 51 – 100
(including contractual employees) |
Up to Rs. 200 Million ** from all FIs* |
The following Segments/Sectors are covered by the bank for financing:
| Segments |
Sectors |
- Trading
- Manufacturing
- Services
|
Wholesale and Retail Trade
Transport, Storage & Communication
Social Services (Education, Health, travel and Tourism, etc.)
Manufacturing (textile, chemical, food, feed, leather, paper, dairy, etc.) |
Askari Ikhlas Islamic Banking will target SMEs in the following three regions, namely:
- South Region
- Central Region
- North Region
List of cities is as under:
| Central Region |
North Region |
South Region |
- Faisalabad
- Multan
- Gujranwala
- Sialkot
- Gujrat
- Lahore
- Chiniot
- Sahiwal
|
- Peshawar
- Rawalpindi
- Islamabad
- Mardan
- Chakwal
|
|
- Relationship Managers and Unit Heads along with Branch Managers initiate the case and submit complete file for the recommendation of the Head of Department.
- After recommendations, the case is submitted to IBSD Credit Risk Department for review.
- Recommendations are forwarded to respective approving committee as per discretionary powers already in place.
