SBP launches Rs.100 bn subsidised financing programme

The State Bank of Pakistan (SBP) has launched the “Prime Minister’s Kamyab Jawan SME Lending Programme,” worth Rs100 billion for startups and small and medium-sized enterprises (SMEs). Citizens aged between 18 and 45 years may avail financing of up to Rs5 million each at a borrowing cost varying between 6% and 8% for a maximum period of eight years.

Source: ExpressTribune