{"id":69484,"date":"2020-08-21T09:58:00","date_gmt":"2020-08-21T04:58:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=69484"},"modified":"2020-08-20T18:15:41","modified_gmt":"2020-08-20T13:15:41","slug":"sbp-enhances-refinancing-limit-for-banks-shares-new-figures","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sbp-enhances-refinancing-limit-for-banks-shares-new-figures.html","title":{"rendered":"SBP enhances refinancing limit for banks, shares new figures"},"content":{"rendered":"\n<p>Islamabad: The State Bank of Pakistan (SBP) has raised the refinancing limit for banks under the Export Finance Scheme (EFS); increasing it from the previous ceiling of PKR 600 billion to PKR 700 billion for exporters during (Fiscal Year) FY2020-21, a news source reported on August 20.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/sbp-expands-refinance-schemes-companies-selling-solar-wind-energy-products.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP expands refinance scheme\u2019s scope to companies selling solar, wind energy products<\/a><\/p>\n\n\n\n<p>According to a statement issued by the central bank, PKR 90 billion have also been added to the Long-Term Financing Facility (LTFF) during the current fiscal. The government has also allocated PKR 100 billion limit under the Temporary Economic Relief Facility (TERF) \u2013 which is a refinance scheme for setting up industrial units.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/protective-gear-equipment-manufacturers-allowed-avail-sbps-coronavirus-refinance-facility.html\" target=\"_blank\" rel=\"noreferrer noopener\">Protective gear, equipment manufacturers allowed to avail SBP\u2019s coronavirus refinance facility<\/a><\/p>\n\n\n\n<p>Sharia-compliant forms of both facilities can also be acquired by the industries. The central bank has introduced a number of concessions under its various financing schemes in order to protect businesses and exports in the country, which has helped the country and its businesses weather the storm during the pandemic months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The State Bank of Pakistan (SBP) has raised the refinancing limit for banks under the Export Finance Scheme (EFS); increasing it from the previous ceiling of PKR 600 billion to PKR 700 billion for exporters during (Fiscal Year) FY2020-21, a news source reported on August 20. Read: SBP expands refinance scheme\u2019s scope to companies selling solar, wind energy products According to a statement issued by the central bank, PKR 90 billion have also been added to the Long-Term Financing Facility (LTFF) during the current fiscal. The government has also allocated PKR 100 billion limit under the Temporary Economic Relief Facility (TERF) \u2013 which is a refinance scheme for setting up industrial units. Read: Protective gear, equipment manufacturers allowed to avail SBP\u2019s coronavirus refinance facility Sharia-compliant forms of both facilities can also be acquired by the industries. The central bank has introduced a number of concessions under its various financing schemes in order to protect businesses and exports in the country, which has helped the country and its businesses weather the storm during the pandemic months.<\/p>\n","protected":false},"author":57,"featured_media":64432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[24206,37356,37355],"persona":[],"class_list":{"0":"post-69484","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-coronavirus-pandemic","9":"tag-export-sector","10":"tag-sbp-export-finance","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBP enhances refinancing limit for banks, shares new figures - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The State Bank of Pakistan (SBP) has raised the refinancing limit for banks under the Export Finance Scheme (EFS); increasing it from the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/sbp-enhances-refinancing-limit-for-banks-shares-new-figures.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP enhances refinancing limit for banks, shares new figures - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The State Bank of Pakistan (SBP) has raised the refinancing limit for banks under the Export Finance Scheme (EFS); increasing it from the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sbp-enhances-refinancing-limit-for-banks-shares-new-figures.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-21T04:58:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/SBP-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"399\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Farhad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Farhad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SBP enhances refinancing limit for banks, shares new figures - Zameen News","description":"Islamabad: The State Bank of Pakistan (SBP) has raised the refinancing limit for banks under the Export Finance Scheme (EFS); 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