The Presidents/ CEOs,
All Banks/DFIs.

Dear Sirs/Madams,

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

Please refer to IH & SMEFD Circular No. 10 dated July 31, 2015 on the captioned subject and IH&SMEFD Circular Letter No. 2 dated January 28, 2020 in terms of which LTFF has been opened for all export oriented sectors.

2. With a view to further facilitate the exporters, it has now been decided to reduce the current SBP refinance rate of LTFF by 1% for non-textile sectors. Hence, end user rate for all sectors across the board will now be 5% under SBP’s LTFF.

3. Other instructions on the subject shall remain unchanged.