SBP to Celebrate Women Entrepreneurship Day on November 19, 2024

ISLAMABAD: The State Bank of Pakistan (SBP) will celebrate Women Entrepreneurship Day (WED) on November 19, 2024. The event will be inaugurated by Governor SBP Mr. Jameel Ahmad at the SBP, and it aims to bring together top officials from banks, non-bank institutions, and women’s working associations to acknowledge the significant contributions of women entrepreneurs to the economy.Pakistan Economy – SBP reduced policy rate by 200bps.

In addition to various activities, the event will feature recognition awards for high-performing banks that have consistently provided loans to female borrowers. Awards will also be given to women-led businesses in multiple categories, celebrating their outstanding achievements in the entrepreneurial field.

The event will include both in-person and virtual activities across Pakistan, with commercial banks collaborating to develop tailored products for women-led businesses. Initiatives will encompass workshops, awareness campaigns regarding SBP SME financing, and mentorship programs designed to empower aspiring businesswomen and improve their loan eligibility.

WED is a global initiative aimed at recognizing and supporting women who foster innovation, create jobs, and contribute significantly to economic growth. Despite their vital role, many women face challenges in accessing finance and business opportunities. Through this celebration, the SBP and its partners aspire to inspire more women to embrace entrepreneurship and thrive in today’s competitive landscape.