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Results for Tag: Loans

Govt agrees to cut flour millers' loans interest rate

ISLAMABAD - The Federal Government has accepted the flour millers demand to reduce interest rate on loans provided to them by banks and would most likely accept millers’ other demand of allowing them to export wheat flour and other Read full story

Private sector loans plummet by over six-times: SBP

Private sector loans during the current fiscal year plummeted by over six-times depicting the slowdown impacts in country’s economy more visible. State Bank of Pakistan (SBP) released figures said that the volume of new loans to private Read full story

ADB loans rise to $10.5b in 2008

ISLAMABAD (APP) - The Asian Development Bank (ADB) approved $ 10.5 billion in loans in year 2008, showing an increase of 5.3 percent over the previous year.The 2008 amount is the highest in ADB’s 42-year history, according to ADB’s 2008 Read full story

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