Pakistan News Service

Saturday Oct 25, 2014, Muharram 1, 1436 Hijri
Logo
Main News Business & Economy Stock & Bond Editorials Cotton & Textiles Agriculture & Allied Fuel & Energy Taxiation Company News

SBP extends validity of refinance schemes, facilities

06 December, 2012

KARACHI: The State Bank of Pakistan (SBP) has extended the expiry date of the Refinance Facility for Modernisation of Small and Medium Enterprises (SMEs), Refinance Scheme for Revitalisation of SMEs in Khyber Pakhtunkhwa (KPK), Gilgit-Baltistan (GB) and the Federally Administered Tribal Area (FATA), Financing Facility for Storage of Agricultural Produce (FFSAP) and Agri Loans Refinancing and Guarantee Scheme for War Affected Areas of KPK and FATA by one year.

  More on this

KARACHI: The State Bank of Pakistan (SBP) has extended the expiry date of the Refinance Facility for Modernisation of Small and Medium Enterprises (SMEs), Refinance Scheme for Revitalisation of SMEs in Khyber Pakhtunkhwa (KPK), Gilgit-Baltistan (GB) and the Federally Administered Tribal Area (FATA), Financing Facility for Storage of Agricultural Produce (FFSAP) and Agri Loans Refinancing and Guarantee Scheme for War Affected Areas of KPK and FATA by one year. These facilities/schemes will now remain valid up to December 31, 2013.

Refinance limits already sanctioned in favour of selected banks/Development Financial Institutions (DFIs) under the above mentioned schemes/facilities would also continue to be available up to the expiry date of December 31, 2013, the SBP announced in a series of circulars issued.

Banks/DFIs can also apply for enhancement of limits after utilisation of their existing limits. Further, other interested banks/DFIs may also apply to IH&SME Finance Department of SBP for sanctioning of fresh limits under these facilities/schemes, the circulars added.

End.


 
Suggested Sites