An employee counts Pakistani rupee notes at a bank in Peshawar, Pakistan August 22, 2023. REUTERS/Fayaz Aziz
The State Bank of Pakistan (SBP) has enhanced the financing limits for Small and Medium Enterprises (SMEs) up to Rs. 500 million.
“Small Enterprise can avail exposure of up to Rs. 100 million from a single bank/DFI or from all banks & 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,” SBP declared in a circular on Monday.
Meanwhile, Medium Enterprises can avail financing (including leased assets) of up to Rs. 500 million from a single bank/DFI or from all banks & 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.
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