Micro Leasing Services
Leasing to Micro & Small Enterprises sector (MSE) effectively took a modest start in June 2004 with the setting up of MSE unit in Karachi Zone. Later, the activities were also initiated at other zones and satellite units. With the support and guidance of Management from time to time substantial progress in just a little over one and a half years was achieved in development of the MSE portfolio such that need for a separate Division was realized and an exclusive MSE Division put in place with two separate Zones:
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MSE South Zone
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MSE North & Central Zone
From a humble start to a full fledge MSE Division and an ever increasing client base with excellent recovery rate is proof of the sustainability of the operations and the organization's recognition of its social
responsibility as mentioned in its vision statement too.
Over the past few years development of the MSE sector was emphasized as a tool of poverty alleviation and therefore, economic growth. Therefore, in future, MSE sector will emerge as a significant portfolio of financial industry and there is a need to prepare for the challenges.
We have taken the first step of the long journey and with the initial success we have found a new confidence that will guide us in achieving further milestones.