State Bank of Pakistan increases financing limit to exporters

KARACHI: Under the long term financing limit (LTEF) scheme for Plant and Machinery that state Bank of Pakistan has revealed to increase maximum financing limit to exporters.

A circular issued by SBP to commercial and development financial Institution (DFI) to increase credit limit.

Although, commercial Banks and DFIs providing financial facilities their own sources under credit facilities policy, said the SBP.

According to the depicted details to creditors is minimum export target of annual exports of around 5 million or 50 percent of sales.

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