Latest Breaking News On - Pakistan governor reza baqir - Page 3 : comparemela.com

The State Bank of Pakistan (SBP) will provide financing to banks under SAAF scheme at 1% per annum, which will lend to SMEs at a maximum rate of 9% per annum. In collaboration with the federal government, the SBP announced an unsecured bank loan scheme for small and medium enterprises in August. State Bank of Pakistan Governor Reza Baqir said that banks have shown overwhelming response to an innovative financing scheme for collateral free lending to SMEs introduced by the State Bank and supported by the Government of Pakistan. He said out of 20 banks that competed for participating in this scheme, eight banks under four categories have been selected on the basis of highest amount of fi.

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