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SBP increases rate of refinance
The State Bank of Pakistan (SBP) has increased the rate of refinance to 8.5 per cent per annum.
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WB offers $115m for gas network improvement
The World Bank has offered $115 million to the Sui Southern Gas Company for improving infrastructure.
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Fund size for real estate trust cut to Rs2b
The Securities and Exchange Commission of Pakistan (SECP) has slashed the fund size for a Real Estate Investment Trust to 60%
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SBP extends Export Finance Facility to August
SBP has announced that limits sanctioned by banks for individual exporters will continue up to August 31.