SBP

SBP to launch electronic warehouse receipt financing

KARACHI: The State Bank of Pakistan (SBP) will launch the electronic warehouse receipt financing (EWRF) for maize crop on February 22, at an event in Tehsil Chunian, District Kasur, a statement said. At the event banks will be signing their system usage agreements with Naymat Collateral Management Company Ltd (NCMCL) to commence operations under this newly developed system. This mechanism

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