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SME Bank's pre-bidding process complete - Newspaper

Tarin directs the PM's aide to prepare a proposal for strengthening the balance sheet of the SME Bank. ....

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Minister seeks proposal to strengthen SME Bank's balance sheet

Minister seeks proposal to strengthen SME Bank’s balance sheet
Business
June 4, 2021
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin on Thursday directed Special Assistant to the Prime Minister on Finance and Revenue to assess the requirements and prepare a proposal for strengthening the balance sheet of the SME Bank.
The finance minister was informed about the equity requirement of the SME Bank during a meeting to review the progress on the privatisation of the bank.
The meeting was informed that pre-bidding process for proposed privatisation of the SME Bank had been complete and interested parties had been shortlisted. The privatisation commission board has also completed initial discussion / consultations with the shortlisted bidders to facilitate them in the completion of their due diligence process. ....

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