Pakistan banks cut ERF rate by 3%, bring export financing down to 4.5%
Pakistan’s banking sector on Wednesday announced a voluntary 3% reduction in the markup rate on the Export Refinance Facility (ERF), ...
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PBA refutes reports on remittance subsidies to banks
The Pakistan Banks Association (PBA) rejected on Monday what it called “misleading assertions” in recent press coverage (not media or ...
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Pakistan banking sector backs federal budget for FY2025-26 – Business & Finance
ISLAMABAD: The Pakistan Banks Association (PBA) has expressed full support for the federal budget 2025–26, describing it as a significant ...
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Pakistan nearing $4.4bn loan to ease power sector debt
KARACHI: Pakistan’s government is negotiating a 1.25 trillion Pakistani rupee ($4.47 billion) loan with commercial banks to reduce its bulging ...
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