Habib Bank Limited (HBL) has signed a strategic Memorandum of Understanding with the Sindh Enterprise Development Fund (SEDF) to provide subsidized credit and capacity-building support to Small and Medium Enterprises (SMEs) across Sindh. This collaboration aims to address the longstanding financing gap and promote sustainable economic development in the province.
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Through this partnership, HBL will design and deliver tailored financial products—including both secured and unsecured subsidized loans—for SMEs at various stages of growth. These will be complemented by development programs initiated by SEDF, focused on strengthening business management, governance, and innovation capacity within the SME sector.
The agreement signifies a joint commitment to supporting entrepreneurs, especially those operating in agriculture, manufacturing, services, and tech-based industries. By removing financial and operational bottlenecks, the program aims to help businesses scale, create employment, and contribute to the province’s broader economic resilience.
HBL’s leadership reaffirmed its focus on promoting inclusive banking solutions and facilitating easy access to credit. SEDF will further ensure the initiative reaches underrepresented sectors, rural enterprises, and women-led businesses across Sindh.
This public-private partnership is set to serve as a blueprint for collaborative models where financial institutions and provincial development agencies work together to power enterprise growth. It is a strategic step toward a more inclusive and innovation-driven economy, led by empowered SMEs.
