Common use of Borrowings from SBP under LTFF Clause in Contracts

Borrowings from SBP under LTFF. This represents Long Term Finance Facility on concessional rates to promote industrial growth leading to exports. The loans availed under the facility shall be repayable within a maximum period of ten years including maximum grace period of one and a half years with mark-up payable at maximum of 10.10 percent per annum. SBP allocates an overall yearly limit under the facility to individual PFI. The sanctioned limit was Rs. 500 million, subsequently reduced to Rs. 300 million as at December 31, 2014.

Appears in 1 contract

Samples: pkic.com

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Borrowings from SBP under LTFF. This represents Long Term Finance Facility on concessional rates to promote industrial growth leading to exports. The loans availed under the facility shall be repayable within a maximum period of ten years including maximum grace period of one and a half two years with markxxxx-up payable at maximum of 10.10 5 percent per annum. SBP allocates an overall yearly limit under the facility to individual PFI. The sanctioned limit was Rs. 500 1,000 million, subsequently reduced to Rs. 300 million as at December 31, 2014.

Appears in 1 contract

Samples: pkic.com

Borrowings from SBP under LTFF. This represents Represents Long Term Finance Facility on concessional rates to promote industrial growth leading to exports. The loans availed under the facility shall be repayable within a maximum period of ten years including maximum grace period of one and a half two years with mark-up payable at maximum of 10.10 8.20 percent per annum. SBP allocates an overall yearly limit under the facility to individual PFI. The sanctioned limit was Rs. 500 million, subsequently reduced to Rs. 300 million as at December 31, 2014.

Appears in 1 contract

Samples: pkic.com

Borrowings from SBP under LTFF. This represents Represents Long Term Finance Facility on concessional rates to promote industrial growth leading to exports. The loans availed under the facility shall be repayable within a maximum period of ten years including maximum grace period of one and a half two years with markxxxx-up payable at maximum of 10.10 8.20 percent per annum. SBP allocates an overall yearly limit under the facility to individual PFI. The sanctioned limit was Rs. 500 million, subsequently reduced to Rs. 300 million as at December 31, 2014.

Appears in 1 contract

Samples: 111.68.102.42:8080

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Borrowings from SBP under LTFF. This represents Represents Long Term Finance Facility on concessional rates to promote industrial growth leading to exports. The loans availed under the facility shall be repayable within a maximum period of ten years including maximum grace period of one and a half two years with markxxxx-up payable at maximum of 10.10 8.20 percent per annum. SBP allocates an overall yearly limit under the facility to individual Participating Financial Institution (PFI). The sanctioned limit was Rs. 500 million, subsequently reduced to Rs. 300 million as at December 31, 2014.

Appears in 1 contract

Samples: 111.68.102.42:8080

Borrowings from SBP under LTFF. This represents Represents Long Term Finance Facility on concessional rates to promote industrial growth leading to exports. The loans availed under the facility shall be repayable within a maximum period of ten years including maximum grace period of one and a half two years with mark-up payable at maximum of 10.10 8.20 percent per annum. SBP allocates an overall yearly limit under the facility to individual Participating Financial Institution (PFI). The sanctioned limit was Rs. 500 million, subsequently reduced to Rs. 300 million as at December 31, 2014.

Appears in 1 contract

Samples: pkic.com

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