Home / Agri News / State Bank extends agri loans tenure from 3 to 5 years

State Bank extends agri loans tenure from 3 to 5 years




  • The State Bank of Pakistan has extended agricultural loans tenure from three to five years for Small and Rural Enterprises under the Credit Guarantee Scheme to facilitate eligible farmers to purchase tractors and other agriculture implements.
    A circular letter of SBP addressed to all banks and micro finance banks, issued today said.
    To avoid portfolio concentration in tractor and other implements financing, the aggregate financing under this category shall not exceed 20% of the total allocated guarantee limit of the bank, the circular added.

    Original Article Here

    About admin

    Check Also

    farmers-in-punjab-pakistan

    Punjab approves act to protect farmers

    Report Issue: * Suggest Edit Copyright Infringment Claim Article Invalid Contents Broken Links Your Name: …

    Leave a Reply

    Be the First to Comment!

    avatar
      Subscribe  
    Notify of