Associations Banking And Finance
Small and Medium Enterprises Development Authority - SMEDA, Premier institution of the Government of Pakistan under Ministry of Industries & Production. SMEDA was established in October 1998 to take on the challenge of developing Small & Medium Enterprises in Pakistan. With a futuristic approach and professional management structure it has focus on providing an enabling environment and business development services to small and medium enterprises. SMEDA is not only an SME policy-advisory body for the government of Pakistan but also facilitates other stakeholders in addressing their SME development agendas. House Building Finance Company Limited is the only housing finance institution in Pakistan, established in 1952 by the Government of Pakistan. State Bank of Pakistan and Government of Pakistan jointly hold the capital of HBFC with 90.31% and 9.69% shareholding respectively. HBFC provides financing facilities for construction and purchase of houses through its deep rooted