SBP allows banks to accept electronic warehouse receipts as collateral for financing
KARACHI: State Bank of Pakistan (SBP) has allowed banks to accept electronic warehouse receipts as collateral for lending against storage of agriculture produce and commodities, said a statement on Thursday. The central bank said that Warehouse Receipt Financing (WHRF) is a mechanism whereby farmers, traders and processors may avail financing facility from banks while collateralizing … Continue reading SBP allows banks to accept electronic warehouse receipts as collateral for financing
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