Tue, 21-Oct-2025

EFS major goal is to increase exports

EFS

KARACHI: The major goal of the Export Finance Scheme (EFS) is to increase exports. The EFS is a policy that provides finance to exporters. Exporters of manufacturing items, particularly exporters of value-added goods, can access these funding options through banks. The State Bank of Pakistan has raised the markup on credit facilities from 5.5 percent … Read more

SBP digitalises process for export finance scheme

sbp

KARACHI: The State Bank of Pakistan (SBP) has digitalised the process for obtaining refinance by banks under the Export Finance Scheme (EFS), a statement said. The SBP on Wednesday said it had digitalised the process of obtaining refinance by the banks under the Export Finance Scheme (EFS) for both conventional and Shariah-compliant versions. Digitalisation of … Read more