Enhancing Competitiveness of Pakistan’s Small Businesses

In 2008, Standard Chartered responded to the Business Call to Action and launched a pilot program to support  small business development in Pakistan. Over the course of the pilot, Standard Chartered in partnership with the International Finance Corporation, provided intensive training in  finance, accounting, and  customer service delivery to 146 entrepreneurs in Lahore, Gujranwala, Faisalabad, and Sialkot. In addition, Standard Chartered provided mentoring services to the entrepreneurs. Finally, the bank is exploring the potential for developing new financial products to meet small business’ needs.

Standard Chartered is exploring opportunities for scaling up this pilot program to key markets in Africa.

Publications

Innovations in Action: Enhancing Competitiveness of Small Businesses Through Skills and Capacity Building (A Business Call to Action Case Study)