Tag: Loans
Punjab govt announces interest-free loans worth Rs 3 billion
Punjab Chief Minister Shahbaz Sharif has announced that interest-free loans worth Rs 3 billion will be provided to around 200,000 families under his government’s...
Punjab govt announces interest-free loans worth Rs 3 billion
Punjab Chief Minister Shahbaz Sharif has announced that interest-free loans worth Rs 3 billion will be provided to around 200,000 families under his government’s...
Bad by default
The rate of defaults on the bank loans in the financially-troubled country has swelled beyond six percent of the banks’ net credits, shows the...
ECB saves Greece from bankruptcy by securing emergency loans-paper
The ECB’s Governing Council agreed at its meeting on Thursday to increase the upper limit for the amount of Greek short-term loans the Bank...
Rs 75m in loans given to kiln workers: minister
Punjab Labour Minister Haji Ehsaan-ud-Din Qureshi said the department had provided Rs 75 million in interest-free micro-credit to kilns workers in two districts for...
There’s good news for ‘Prime Customers’
The State Bank of Pakistan (SBP) has allowed the banks and Development Finance Institutions (DFIs) to assign clean credit card and personal loan limits...
Guvnor’s tutorial on microfinance gets emotional and personal
Yaseen Anwar Governor State Bank of Pakistan (SBP) has said that Microfinance-exclusive Credit Information Bureau (MF-CIB) would help microfinance banks (MFBs) and microfinance institutions...
Pakistan eyes IMF for financial assistance
Pakistan may have to return to the International Monetary Fund for financial assistance this year amidst an unstable macroeconomic situation, central bank governor said.
Yaseen...
DMA to advance agriculture production loans
On the directions of the Punjab chief minister, Disaster Management Authority Director General Mujahid Sherdil said the campaign for the disbursement of production loans...
Govt to provide soft loans to LPC members: Khosa
Punjab Governor Sardar Latif Khan Khosa has said that the federal government would provide development funds for the Lahore Press Club Housing Society and...
Shahbaz orders recovery of loans through eunuchs
In pursuance of Supreme Court orders, Punjab Chief Minister Shahbaz Sharif on Thursday issued directives to hire the services of eunuchs in connection with...
Shahbaz Sharif orders for recovery of loans through eunuchs
In pursuance of Supreme Court orders, Chief Minister Punjab Shahbaz Sharif Thursday issued directives to hire the services of eunuchs in connection with recovery...
Federal govt finds resources to pick up bank loans
Sceptics smell a “pre-poll sophisticated rigging” on the part of politico-judicially embattled Pakistan People’s Party (PPP), as the cash-strapped federal government has almost completed...
SBP allows banks to write off agri loans in calamity-hit areas
Governor State Bank of Pakistan (SBP) Yaseen Anwar Wednesday said commercial banks were allowed to restructure or write off the existing loans of the...
KP to take soft WB loans for power projects
Khyber Pakhtunkhwa Information Minister and spokesman of the provincial government Mian Iftikhar Hussain has said the government would take soft loan from the World...
SME Bank waived over Rs 363m loans, Senate told
The Small and Medium Enterprise (SME) Bank has waived loans of around Rs 363.848 million since 2008, Finance Minister Abdul Hafeez Sheikh told the...
Effective utilisation of loans
No doubt, SBP has been playing a very important role for the disbursement and effective utilisation of financial resouces. The creation of a conducive...
