Wednesday, April 14, 2010
SBP sets limit by Rs.1b for long term export loans
8:44 PM | 
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KARACHI: Central Bank has set the limit of long term export loans, which are granted on easy terms by one billion rupees, Geo news reported.According to statement issued from SBP on Tuesday, the loans sought for the purchase of machinery used in export industry for long-term schemes will now be limited by Rs.1 billion.
This decision will minimize banking risks besides increasing number of loan seekers, it said.
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