The Apex Bank of Pakistan has revised the performance criteria for exporters of hand-knotted carpets under Part-II of Export Finance Scheme (EFS) for the fiscal year 2009-10.
According to a notification issued by the State Bank of Pakistan, required performance for financing facilities availed under Part II of EFS during FY 2009-10 be fixed at 1.50 times as against existing performance requirements of 2.0 times.
However, as per the notification, the entitlement of limits for fiscal year 2010-11 shall continue to be fixed as per existing criteria/instructions.
Click here to view original circular.
Fibre2fashion News Desk - India
20240830145952.gif)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
