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The Privatization Commission along with the management of SME Bank and Financial Advisor AKD Securities Limited held a Road show as part of privatization of SME Bank.

The event was a curtain raiser to showcase SME Bank to the potential buyers. The honorable minister for Privatization and Chairman Privatization Commission Mohammad Mian Soomro replied the questions raised by the investors. During the event, he shed light on the Privatization Program and the keenness of the government on making it a success particularly in the context of improving economic indicators and extremely positive future potential.

The event was well attended by financial institutions and Corporate who expressed interest in bidding for the Bank. During the event, the participants got insight in the Transaction, overall SME Sector and developed understanding on the bidding process.

The delegation of the Privatization Commission also called on the Chief Minister Sindh to apprise him about the Privatization program and follow up on CCI decision regarding Privatization of NPPMCL and thanked the officials of government of Sindh for their cooperation.

The delegation called on Governor State Bank to thank him and his colleagues for the cooperation and support regarding the Privatization of SME bank and other Privatization related matters. The queries raised by the potential investors were also conveyed for appropriate action and guidance by the State Bank.-PR

Copyright Business Recorder, 2020

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