SBP Increases Mark-Up Rate by 2.5% on Refinancing Schemes
The SBP has jacked up mark-up rates by 2.5% on the refinancing schemes. According to the circular issued by SBP, the mark-up rate for financing under the export refinance scheme (EFS) increased from 2.5 percent to 10 percent, while the rate on long-term financing facility (LTFF) also enhanced to 10 percent from 3 percent. EFS […]