SBP to receive textile’s markup support claims till 20th

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The State Bank of Pakistan (SBP) has extended the deadline for all banks and DFIs to submit claims of textile exporters against the Payment of Export Finance Mark-Up Rate Facility and Mark-up Rate Support for Textile Sector against long term loans from April 15 to May 20, 2013. The extension was notified by the central bank through a circular it issued to the banks and DFIs on Monday. The SBP circular noted that other instructions on the subject shall remain unchanged.