The Presidents/ CEOs,
All Banks/DFIs

Dear Sirs /Madam,

RLong Term Financing Facility (LTFF) - Re-fixation of Rates of Service Charges

Please refer to IH&SMEFD Circular No. 06 dated July 1, 2011 on the captioned subject.

2.            It has been decided that effective September 10, 2012, the rates of service charges for Participating Financial Institutions (PFIs) and rates for end users under the captioned Facility shall be as under: -

Period of financing	Rate of Refinance	PFIs’ Spread	End User’s Rate
Up-to 3 years	9.50%	1.50%	11.00%
Over 3 years and upto 5 years	8.60%	2.50%	11.10%
Over 5 years and upto 10 years	8.20%	3.00%	11.20%

 

3.            Other instructions on the subject shall remain unchanged.