Summary The markup rate will be 9pc per anum: UNISAME president
ISLAMABAD (Web Desk) - The Union of Small and Medium Enterprises (UNISAME) has felicitated governor of the State Bank of Pakistan Reza Baqir on the intended launch of the SME Aasan Business loan scheme in the afternoon today.
UNISAME president Zulfikar Thaver said it is reported that Inshallah SBP will launch SME Aasan Business Loan of upto 10 million clean loan without collateral and 8 banks will be selected /nominated for the purpose from many expected applicants and
The markup rate will be 9 % p.a. inclusive of handsome bank spread of 8% for the banks coming forward to offer services under the scheme, he added.
Thaver said this is indeed a very big step to facilitate the sector and UNISAME is proud of SBP’s very positive step.
