KARACHI: State Bank of Pakistan (SBP) has allowed to reduce the history of write-off/waived loans and advances for corporate borrowers from 15 years to 10 years. A statement issued on Thursday, the central bank said it had decided to reduce the reflection period of written off/waived loans and advances for corporate borrowers in the Electronic […]

KARACHI: State Bank of Pakistan (SBP) has allowed extension in settlement of foreign currency loans to facilitate exporters and importers in wake of coronavirus pandemic. In a statement issued on Thursday, the SBP said that continuing with its commitment to support the industry amid COVID-19 pandemic, the central bank further facilitated the exporters and importers […]