Saturday, January 02, 2010
By our correspondent
KARACHI: The State Bank of Pakistan (SBP) on Friday said that export performance benefits have been extended to those who come under the Islamic Export Refinance Scheme (IERS).
In a handout issued here, exporters who availed export refinance facility from more than one bank may submit their request for refund of mark-up rate benefit through any one bank to the respective SBP BSC Office, supported by claim form duly verified by each bank.
It said if an exporter is availing export refinance facility from more than one offices, he may not be deprived of refund of mark-up benefit provided that his consolidated borrowings as well as export performances fall under the instructions contained in relevant circulars
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