0
KARACHI, Dec 31: Eligible exporters will continue to get export finance from banks at a maximum 3pc markup in January 2004. This has become possible for them because the State Bank has announced to keep its export refinance rate unchanged at 1.5 per cent for January.
Banks are allowed to charge a maximum 1.5pc spread over the SBP export refinance rate while pricing their loans for eligible exporters.
The SBP export refinance rate is linked with the six-month treasury bills yield that has remained stable around 1.65pc for some time.
