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Pakistan

Ministry of Finance and SBP introduce a mechanism to avail SBP’s Refinance Facility

The Biz Update5 years ago03 mins

Karachi, May 06, 2020: Ministry of Finance and State Bank of Pakistan introduce risk-sharing mechanism to support bank lending to SMEs and small businesses to avail SBP’s Refinance Facility to Support Employment. Taking cognizance of the SMEs finding difficulties in arranging adequate collateral and banks’ risk averseness in taking exposures for such lending under the…

Pakistan

Below 300 units, KE customers can avail 3 monthly installments

The Biz Update5 years ago03 mins

Karachi, April 21, 2020: K-Electric (KE) has announced that all single-phase residential customers, utilizing up to 300 units, can now pay their electricity bills for March, April and May respectively in three equal monthly instalments payable till November 2020. The distribution of these bills is already underway and they can also be accessed via SMS…