Stronger Monitoring: Export finance scheme amended

Published: July 1, 2011

KARACHI: The State Bank of Pakistan (SBP) has said that in order to strengthen monitoring mechanism for finances provided under the Export Finance Scheme (EFS), it has amended EF-1 and EE-1 statements with immediate effect. In a circular issued on Thursday, SBP advised banks to immediately circulate the revised formats to their branches and provide a copy to their clients as well.

Published in The Express Tribune, July 1st, 2011.

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