SIALKOT: The trendy Sialkot exporters now actively considering on a proposal of establishing Sialkot exporters’ own private bank at Sialkot for facilitating the Sialkot based SMEs besides giving the financial boost to Sialkot’s export industries as well.
Central Chairman of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ejaz A. Khokhar disclosed this while talking to the newsmen at his Sialkot office here.
He said that he had floated the idea of establishing Sialkot exporters’ own private bank a few months ago, saying that the name of this proposed bank would “Sialkot Bank Limited”.
He said that establishment of Sialkot exporters’ own bank was the need of the day, which would help the SMEs financially besides booming up the Sialkot export industries as well.
Central Chairman PRGMEA Ejaz A. Khokhar added that the trendy Sialkot exporters were in very strong position to undertake this mega project of establishing their own bank after successfully completing the mega projects of establishing Sialkot International Airport and even establishing Sialkot exporters’ own private airline namely “Air Sial” on self help basis, setting the unique examples of self help for the others, advising others to replicate.
He said that the project of establishing “Sialkot Bank Limited” would soon be started by the Sialkot exporters now, as it was the turn of undertaking Sialkot Bank Limited by Sialkot exporters on self help basis now after the mega projects of Sialkot international airport and Air Sial as well.
He said that the Sialkot exporters had been earning the foreign exchange to the tune of US$ 2 Billion annually, thus it would be very easy for the Sialkot exporters to run their own private bank namely “Sialkot Bank Limited” easily , saying that the existing banks were not facilitating the Sialkot exporters amicably , due to which the establishment of Sialkot exporters’ own bank has become the need and demand of the day, he revealed.
Ejaz A. Khokhar added that the majority of the Sialkot exporters has shown keen interest in this proposal of establishing Sialkot Bank Limited which would flourish the Sialkot export industries by providing the soft term easy finance to the SMEs, enabling them to work hard with full devotion, dedication, enthusiasm and with complete peace of mind promote the Sialkot exports as well.
