SBP increases SME financing limits
MG News | October 08, 2024 at 11:34 AM GMT+05:00
October 08, 2024 (MLN): To further facilitate the promotion of small and medium-sized enterprise (SME) financing, the central bank has increased the exposure limits to Rs100 million for small enterprises (SE) and Rs500m for medium enterprises (ME) from a single bank or development finance institution (DFI),or from all banks and DFIs.
Banks & DFIs are allowed to deduct the liquid assets (encashment value of bank deposits, certificates of deposit/ investment, Pakistan Investment Bonds, Treasury Bills, and National Saving Scheme Securities) held under their perfected lien for the purpose of calculation of per party exposure limit, said a circular issued by the central bank.
These changes are applicable with immediate effect. The State Bank pf Pakistan (SBP) has advised Banks and DFIs to ensure meticulous compliance.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 138,412.25 167.69M | 0.32% 447.43 |
| ALLSHR | 85,702.96 423.92M | 0.15% 131.52 |
| KSE30 | 42,254.84 82.09M | 0.43% 180.24 |
| KMI30 | 194,109.59 84.37M | 0.15% 281.36 |
| KMIALLSHR | 56,713.67 217.03M | 0.03% 16.37 |
| BKTi | 37,831.34 13.04M | 1.62% 603.62 |
| OGTi | 27,440.63 3.93M | -0.09% -23.70 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 118,020.00 | 118,195.00 117,905.00 | 400.00 0.34% |
| BRENT CRUDE | 73.47 | 73.63 71.75 | 0.96 1.32% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
| ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 70.28 | 70.33 70.18 | 0.28 0.40% |
| SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|