SBP enhances loan limits and expands relief measures for microfinance borrowers

State Bank of Pakistan (SBP) has enhanced the limits for housing finance and microenterprise loans up to Rs3 million from the existing limit of Rs1 million for borrowings from the microfinance banks. Likewise, the maximum size of general loans has been enhanced from Rs150,000 to Rs350,000. Further, to commensurate with… Continue reading

K-Electric announces further relief for small businesses

KARACHI: In continuation of earlier relief measures on account of the COVID-19 crisis, K-Electric (KE) is facilitating Small and Medium Enterprises (SMEs) through pre-paid electricity bills under the  “Chota Karobar-o-Sannat Imadadi” package announced by the Federal Government. Under the package, eligible commercial customers with sanctioned load up to 5kW and… Continue reading