1. Name: Arman Ul Hassan
Ahsan Saeed
Shazaib khan
Section: C
Semester: 7th
Roll No: BC-18-208
BC-18-225
BC-18-247
Assignment: Non-Banking Financial Institution
Submitted to: Sir Tanveer Baig
2. HISTORY
The SME Bank was formed and incorporated as a public limited company under the
Companies Ordinance 1984.The Government of Pakistan is the major shareholder of the
bank. As part offinanclal sector restructuring program of
Government of Pakistan, Regional Development Finance Corporation (RDFC) and small
Business Finance Corporation (SBFC) were amalgamated into SME Bank Ltd effective
January 1, 2002.SME bank Ltd was established to exclusively cater to the needs of the
SME sector. it was created to address the needs of this niche market with specialized
financial products and services that will help stimulate SME development and poor
growth in the country.
ORIGIN OF THE TERM BANK
The word bank was borrowed in Middle English from old Italian. Benches were used as
deks or exchange counters during the renaissance by Florentine bankers who used to
make their transactions atop desks covered by green tablecloths. It has not far been
decided as to how the word bank orginated .
BANKING IN PAKISTAN
fter Independence gained from the ‘British Empire’ in 1947, the State Bank of Pakistan
was established as the Central Bank of the country. The first bank of Pakistan was
established 80 years ago in 1941 as the Founder of Pakistan Muhammad Ali Jinnah
persuaded the wealthiest Family of Pakistan to establish a commercial bank that could
serve a Muslim State. The formation of Pakistan in 1947 resulted in the first Pakistani
bank to move its headquarters to Karachi and that Bank was called ‘Habib Bank’.
Pakistan was introduced to the Banking system since its inception.
3. SME BANK INTRODUCTION
The SME Bank was formed and incorporated as a public limited company under the
Companies Ordinance 1984. The Government of Pakistan is the major Shareholder of
the bank. As part of financial sector restructuring program of Government of Pakistan,
Regional Development Finance Corporation (RDFC) and small Business Finance
Corporation (SBFC) were amalgamated into SME Bank Ltd effective January 1, 2002.
SME bank Ltd was established to exclusively cater to the needs of the SME sector. it was
created to address the needs of this niche market with specialized financial products
and services that will help stimulate SME development and pro poor growth in the
country.
VISION
1. We will be the leading institution for providing financial assistance for the
development and support of Small and Medium Enterprises (SMEs) in Pakistan.
2. We will respond to the needs of Small and Medium Enterprises by providing
them with necessary financial assistance and business support services in the
form of short to long term funds.
3. Will, through support of SME sector, contribute to the growth of local
entrepreneurs, develop export markets and provide employment opportunities
in the country.
MISSION
4. 1. TO SUPPORT AND DEVELOP THE SME SECTOR BY PROVIDING NECESSARY
FINANCIAL AND TECHNICAL ASSISTANCE ON A SUSTAINABLE BASIS.
2. TO ENABLE THE SME SECTOR TO CONTRIBUTE TO ECONOMIC DEVELOPMENT
THROUGH VALUE ADDITION AND EXPORTS.
3. PROMOTE ENTREPRENEURSHIP AND CREATE EMPLOYMENT OPPORTUNITIES.
CORPORATE OBJECTIVES
The objectives of the SME Bank are as follow:
To support, develop and promote Small & Medium Enterprises (SMEs) by providing
them the necessary technical and financial assistance.
To concentrate on value addition and export oriented SMEs
To enable SMEs to play a vital role in stimulating GDP growth, create job
opportunities and reduce poverty.
HEAD OFFICE
56-F, Nazim-ud-din Road,
F-6/1, Blue Area, P.O Box 1587,
Islamabad.
Ph: (+92-51) 9217000
Fax: (+92-51) 9217001
UAN: 111-110-011
E-mail: info@smebank.org
BOARD OF DIRECTORS
Mr. Dilshad Ali Ahmad
President & CEO,
Mr. Hashim-Raza
Director
Mr. Waqar-ud-Din Siddiqui
Director
Mr. Waqas Azeem
Director
5. Mr. Rauf Ahmad
Director
Mr. Omar Farooq
Director
Mr. Enamullah Khan
Director
BANK’S MANAGEMENT
Dilshad Ali Ahmad
President & CEO
Junaid-Mohmand
Head Operations Division
Sajjad Ahmad Warraich
Head Business Development & Marketing Division
Abdul-Razaq
Head Credit Division
Muhammad Mubeen Mufti
Head Information Technology Division
Hafiz Muhammad Ashfaq
Head Risk Management Division
6. Muhammad Tariq Cheema
Head Services Division
Muhammad Ayub Khan
Head Human Resource Division
Nadeem Ahmad Khan
Head Compliance Division
Manzoor Ahmad Jan Khan
Head Credit Administration Division
Sabur Ahmad Khan
Head Internal Audit Division
Syed Mohsin Zaidi
Head Branchless & Green Banking Division
Syed Oshaid Akhtar
Head Treasury Division
Fakhra Jabeen
Head SAM Division
Bilal Mohy ud Din
7. CFO & Company Secretary
Syed Zubair Shah
Department Head Vigilance
Waheed Iqbal
Head Law Division
HIERARCHY POSITION OF SME
