Seminar: Banks keen to issue loans for sports goods

SIALKOT: The scheduled commercial banks have shown keen interest in issuing soft-term business loans to Sialkot-based industrialists and exporters, enabling them to expand their sports goods business and exports. A seminar titled ‘Long-Term Financing Facility (LTFF) for Sports Goods Industry SMEs’ was held at the Sports Industries Development Centre (SIDC) on Tuesday under the auspices of the State Bank of Pakistan (SBP). Local bankers informed the participants about the financing facilities available to the sports goods industry for procurement of plant and machinery on reduced mark-up rate along with long-term payback period. A large number of bankers, traders, industrialists and exporters attended the seminar.

Published in The Express Tribune, December 28^th, 2016.

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