PSX, GCCI move for SME financing

KARACHI: The Pakistan Stock Exchange Limited (PSX) signed a Memorandum of Understanding (MoU) with Gujranwala Chamber of Commerce and Industry (GCCI) for mutual cooperation and collaboration to facilitate access to equity financing for Small and Medium Enterprises (SMEs). On the basis of the MoU signed, PSX and GCCI would collaborate to generate awareness amongst SMEs of the benefits of listing which include the creation of a proper corporate structure within the SME for long term business sustainability, improved branding, greater credibility with buyers and suppliers, and managing and growing family wealth in a manner that avoids conflict within families.

Published in The Express Tribune, May 31^st, 2017.

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