Circulars/Notifications - Banking Policy Department  
 BPD Circular No. 6
April 13, 2002  

All Banks

Dear Sirs,

Export Finance Scheme

 

Please refer to BSD Circular No.32 dated December 7, 2000 in terms of which export finance facilities were interalia, extended to Brown Rice in packing of 1-50 KG under the captioned Scheme. 

2.         In order to boost the exports of  “Brown Rice” to the European Countries, it has been decided to allow finance / refinance for export of Brown Rice in bulk / loose.   The finance shall be provided on case by case basis under Part I of the Scheme against L/Cs only. 

3.         The facility for export of  “Brown Rice” in packing of 1-50 KG shall continue to be available, as at present, to the exporters desirous to avail the finance on their export consignments to all countries under both parts of the Scheme.

4.         Other instructions on the subject shall remain unchanged. 

            Please acknowledge receipt. 

Yours faithfully,
Sd/-
(Muhammad Kamran Shehzad)
Director

BPD Circulars/ Circular Letters issued in 2003

       
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