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STATE BANK OF PAKISTAN CUTS EXPORT FINANCE RATE TO 3 PCT.
AsiaPulse News
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August 01, 2003 |
COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
KARACHI, Aug 1 Asia Pulse - Exporters will receive export financing from banks at three per cent in August after the State Bank cut the refinance rate by half a percentage point to 1.5 per cent.
The State Bank announced that it would give banks export refinance at 1.5 per cent in August, adding that the banks would be free to add a 1.5 per cent spread over it while pricing export finances.
Thus the eligible ...
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Source: HighBeam Research, STATE BANK OF PAKISTAN CUTS EXPORT FINANCE RATE TO 3 PCT.