Naymat

KARACHI: Pakistan Mercantile Exchange (PMEX), the country’s only multi-commodity futures exchange, in collaboration with Naymat Collateral Management Company Limited (NCMCL), the first and only CMC company licensed by SECP, and GROWTECH Services, has launched a series of programmes to create awareness about the benefits of Electronic Warehouse Receipts (EWR) mechanism among the farmer. The aim […]

KARACHI: The first Electronic Warehouse Receipt (EWR) of yellow maize was traded at Pakistan Mercantile Exchange (PMEX), the country’s only multi-commodity futures exchange. This is a historical event for Pakistan as it marks the dawn of a new age where the agricultural sector of Pakistan can be documented and modernized electronically. Under the guidance of […]

EDITORIAL by Business Recorder: In the presence of the State Bank of Pakistan (SBP) Governor and presidents of a number of banks, the scheme for Electronic Warehouse Receipt Financing (EWRF) for maize crop in Chunian, district Kasur, was launched. Most of these busy bankers and central bankers came all the way from Karachi to a […]

Press Release– March 20, 2021 NRSP Agri Processing Company (NRSP-APCL) and Naymat Collateral Management Company Limited (NCMCL) have collaborated to issue the first Electronic Warehouse Receipt (EWR) against rice and paddy stocks stored at the recently accredited NRSP-APCL facility located at Hafizabad (Punjab). NCMCL is the first collateral management company incorporated under the Collateral Management Company […]

Press Release–January 4th, 2021 The Bank of Punjab, Naymat Collateral Management Ltd. Join hands for EWR Project to Support Farmers against Storage of Agri Commodities The Bank of Punjab(BOP) and NaymatCollateral Management Limited(NCMCL) have signed an MoU to collaborate for developing Electronic Warehouse Receipt(EWR)Ecosystem in Pakistan. Electronic Warehouse Receipt (EWR), the first of its kind […]

HBL joins forces with NCMCL for development of Electronic Warehouse Receipt Ecosystems Naymat Collateral Management Company Ltd (NCMCL), Pakistan’s first collateral management company, has joined forces with HBL for the development of Electronic Warehouse Receipt (EWR) ecosystem in the country. EWR, the first of its kind in Pakistan, is a digital instrument which gives financial […]

ISLAMABAD – SECP has notified Collateral Management Companies (CMC) Regulations, 2019 under the Companies Act, 2017 to promote warehouse receipt financing and electronic trading of agricultural commodities. Under these Regulations, any public limited company with a minimum paid-up capital of Rs. 200 million will be eligible for seeking permission of SECP to register as a […]

The State Bank of Pakistan (SBP) has amended Prudential Regulations for agriculture financing, corporate/commercial banking and SMEs financing for electronic warehouse receipt under the Collateral Management Companies Regulations, 2019 issued by the Securities Exchange Commission of Pakistan (SECP). The fresh amendments to Prudential Regulations will be applicable with immediate effect. The SBP has advised banks/DFIs […]