SBP to release mark-up rate subsidy for FATA, PATA

The State Bank of Pakistan (SBP) announced the release of third installment of mark-up rate subsidy on business loans for the period from January 1 to June 30, 2011 under the Prime Minister’s Fiscal Relief Package to rehabilitate the economic life in Khyber Pakhtunkhwa, Federally Administered Tribal Area (FATA) and Provincially Administered Tribal Area (PATA).

Duly completed claims for reimbursement of mark-up rate subsidy for the said period may be submitted separately for textile sector and other eligible sectors to SBP-BSC (Bank), Peshawar up-to August 31, 2011

From: Dailytimes