Karachi April 7 2022: State Bank of Pakistan has decided to increase the markup rate for financing under Export Finance Scheme (EFS) by 2.5% in line with the increase in policy rate announced in the MPC meeting today.
Accordingly, the mark rate for export finance scheme will be 5.5% p.a. with effect from April 08, 2022 till further instructions. Banks’ spread for corporate borrowers and SME borrowers will remain unchanged i.e. 1% & 2% respectively.
This revision in rates will not be applicable on financing under Rupee-based discounting facility of EFS.
