Overseas investment in Pakistan Banao Certificate to touch $19.2 mln

MG News | March 05, 2019 at 02:49 PM GMT+05:00

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March 5, 2019 (MLN): Overseas investment in Pakistan Banao Certificate is about to reach $19.2 million. As of February 20, 2019, the State Bank of Pakistan processed a total of 111 applications which raised around $3.5 million.

According to sources, another 754 applications are in the pipeline, promising an additional $16.2 million.

The government selected consortium of six banks namely; HBL, NBP, UBL, Habib Metropolitan, JS Bank and SCB. The fee structure of consortium is Rs.180 million or 0.75 percent

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