Common use of Borrowings from SBP under LTFF Clause in Contracts

Borrowings from SBP under LTFF. 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 two years with xxxx-up payable at maximum of 8.20 percent per annum. SBP allocates an overall yearly limit under the facility to individual PFI. The sanctioned limit was Rs. 500 million.

Appears in 1 contract

Samples: 111.68.102.42:8080

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Borrowings from SBP under LTFF. Represents 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 two years with xxxx-up payable at maximum of 8.20 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.

Appears in 1 contract

Samples: pkic.com

Borrowings from SBP under LTFF. Represents 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 two one and a half years with xxxxmark-up payable at maximum of 8.20 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. 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 two years with xxxx-up payable at maximum of 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.

Appears in 1 contract

Samples: 111.68.102.42:8080

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