SBP lets off loans of war-torn areas

State Bank of Pakistan (SBP) lets off agriculture loans of FATA and NWFP areas affected from terrorism. State Bank has directed all the banks to stop recoveries of all loans and interest on them form areas affected from terrorism. These loans are pardoned under the Prime Ministers relief package. It is said in the circular of the State Bank, loan-nonpayers can submit application in the banks till December 25.