• About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
Saturday, August 20, 2022
INCPak
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Fun Time
    • Kids Corner
    • Poems
    • Stories
  • More
    • Health
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Fun Time
    • Kids Corner
    • Poems
    • Stories
  • More
    • Health
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
INCPak
No Result
View All Result

SBP extends time for settlement of Foreign Currency Loans

by FIA
Aug 20, 2020
in Business
0

KARACHI: State Bank of Pakistan (SBP) extends time for settlement of Foreign Currency Loans up to 180 days amid Coronavirus (COVID-19) pandemic to facilitate exporters and importers.

SBP extends time for settlement of Foreign Currency Loans
SBP extends time for settlement of Foreign Currency Loans

Read More: USD to PKR: Dollar rate in Pakistan [20 August 2020]

Continuing with its commitment to support the industry amid COVID-19 pandemic, SBP has further facilitated the exporters and importers by allowing extension up to 180 days in settlement of their export and import loans under FE-25 Scheme.


Banks can now allow extension up to 180 days to exporters in settlement of their FE-25 loans in case they are facing delay in realization of export proceeds due to COVID-19.

Moreover, banks can also allow settlement of FE-25 loans to exporters through substitute contract during the extended period of 180 days where the original export contract has been cancelled due to COVID-19. Likewise, SBP has also allowed the bank to extend the maturity of FE-25 import loans by 180 days.

This facilitation has been provided to exporter and importers for their foreign currency loans maturing up to September 30, For details http://www.sbp.org.pk/epd/2020/FECL17.htm


State Bank reiterates its unflinching resolve to continue working with all stakeholders to provide all needed facilitation in these uncertain times in the larger interest of people of Pakistan.

Read More: Currency Exchange Rates in Pakistan Today [20 August 2020]

Follow INCPAK on Facebook / Twitter / Instagram  for update.

Tags: circularFeaturedforeign currency loansSBPState Bank of Pakistan
ShareTweetSend

Related Posts

Gold Rate in Pakistan, Gold Rate Pakistan, Gold Price in Pakistan, Gold Price Pakistan, Gold Rate in Pakistan Today, Gold Price in Pakistan Today, Gold Rate, Gold Price
Business

Gold Rate in Pakistan Today – 20 August 2022

Aug 20, 2022
USD to PKR, Dollar Rate in Pakistan, Dollar to PKR, US Dollar, Pakistani Rupee, Exchange Rate, PKR, Currency Exchange Rate
Business

USD to PKR – Dollar Rate in Pakistan – 19 August 2022

Aug 19, 2022
Gold Rate in Pakistan, Gold Rate Pakistan, Gold Price in Pakistan, Gold Price Pakistan, Gold Rate in Pakistan Today, Gold Price in Pakistan Today, Gold Rate, Gold Price
Business

Gold Rate in Pakistan Today – 19 August 2022

Aug 19, 2022
USD to PKR, Dollar Rate in Pakistan, Dollar to PKR, US Dollar, Pakistani Rupee, Exchange Rate, PKR, Currency Exchange Rate
Business

USD to PKR – Dollar Rate in Pakistan – 18 August 2022

Aug 18, 2022
Gold Rate in Pakistan, Gold Rate Pakistan, Gold Price in Pakistan, Gold Price Pakistan, Gold Rate in Pakistan Today, Gold Price in Pakistan Today, Gold Rate, Gold Price
Business

Gold Rate in Pakistan Today – 18 August 2022

Aug 18, 2022
Pakistani Rupee, US Dollar, USD, PKR
Business

Pakistani Rupee Breaks Winning Streak Against US Dollar

Aug 17, 2022
USD to PKR, Dollar Rate in Pakistan, Dollar to PKR, US Dollar, Pakistani Rupee, Exchange Rate, PKR, Currency Exchange Rate
Business

USD to PKR – Dollar Rate in Pakistan – 17 August 2022

Aug 17, 2022
Gold Rate in Pakistan, Gold Rate Pakistan, Gold Price in Pakistan, Gold Price Pakistan, Gold Rate in Pakistan Today, Gold Price in Pakistan Today, Gold Rate, Gold Price
Business

Gold Rate in Pakistan Today – 17 August 2022

Aug 17, 2022
USD to PKR, Dollar Rate in Pakistan, Dollar to PKR, US Dollar, Pakistani Rupee, Exchange Rate, PKR, Currency Exchange Rate
Business

USD to PKR – Dollar Rate in Pakistan – 16 August 2022

Aug 16, 2022
Load More
Next Post
Muharram moon. Muharram, Youm e Ashura

Muharram 2020 moon sighted, Youm-e-Ashura on August 30

PM launches Sehat Sahulat Program for the entire KP population

PM launches Sehat Sahulat Program for the entire KP population

Komal Aziz Khan, Komal Aziz, Komal Aziz Instagram

Komal Aziz Khan reaches 1 million Instagram followers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

INCPak Discover YouTube Channel

INCPAK Discover

Latest

  • Gold Rate in Pakistan Today – 20 August 2022
  • Latest Changan Car Prices in Pakistan [August 2022]
  • Prince DFSK Reduces Car Prices in Pakistan [18 August 2022]
  • Internet Services Restored Across Pakistan
  • USD to PKR – Dollar Rate in Pakistan – 19 August 2022
  • Jamil Ahmed appointed as New Governor State Bank of Pakistan
  • Internet Down: Complete Outage across Pakistan
  • Gold Rate in Pakistan Today – 19 August 2022
  • Kia Will Not Reduce Car Prices Following Dollar Depreciation

Follow us on Twitter

INCPAK Twitter

Follow us on Instagram

Qries

USD to PKR Rates

Qries

INCPak Official logo

INCPak Official Logo

Trending

  • Petrol Prices in Pakistan
  • USD to PKR Rates
  • MTMIS – Online Vehicle Verification
  • Ehsaas Program
  • Punjab Rozgar Scheme
  • Naya Pakistan Housing Program
  • Mera Pakistan Mera Ghar Loan

Site Links

  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact

All rights reserved © 2022 INCPak - Independent News Coverage Pakistan - (Digital News Portal)

No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Fun Time
    • Kids Corner
    • Poems
    • Stories
  • More
    • Health
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers

All rights reserved © 2022 INCPak - Independent News Coverage Pakistan - (Digital News Portal)