PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
37-H, BLOCK-6 P.E.C.H.S., KARACHI-PAKISTAN
TEL: 0092-21-34522769, 34522685, 34544765 FAX: 0092-21-34543774
REF. NO. PHMA/CIR-001/2011
DATED: 1st January 2011
TO ALL MEMBERS OF THE ASSOCIATION
SUBJECT: INCREASE IN RATE OF EXPORT REFINANCE TO 10% BY THE STATE BANK OF PAKISTAN.
We are attaching herewith news clipping of Daily Dawn and the News of 1st January, 2011 from which you will find that State bank of Pakistan has raised rate of Export Refinance from 9% to 10%.
In this regard, all our valued members are requested to send us their view at the soonest.
Thanks & Best regards,
Saleem Parekh M. Jawed Bilwani Junaid Makda
Central Chairman Chief Coordinator Chairman, SZ