KARACHI: In order to automate the monthly reporting of SME financing data, the State Bank of Pakistan (SBP) has launched a data reporting portal in the name of ‘SME financing’ on Data Acquisition Portal (DAP).

The SBP has advised banks and DFIs to submit Small & Medium Enterprise (SME) financing data as per prescribed format on monthly basis with effect from reporting period June 2022 and onwards. The SBP has also issued guidelines for feeding the SME financing data. Additionally, SME financing data since January 2022 will also be submitted on this portal.

In this respect, as per the SBP instructions, monthly data will be submitted by 20th of month for each preceding month. If 20th falls on a holiday, submission will be made on a working day prior to the 20th of month.

Monthly data of January 2022 to May 2022 will be submitted latest by August 31, 2022, whereas, the data for June 2022 shall be submitted by July 20, 2022.

Copyright Business Recorder, 2022