According to SBP notification, commercial banks would ensure that while financing facilities are extended by them to the exporters for availing refinance facilities under the Export Finance Scheme, their maximum margin/spread does not exceed 1.5 percent per annum.
The financing facilities under Part-B (Export Sales) of the scheme for financing locally manufactured machinery would have the same mark-up rate structure.
Other instructions on the subject shall remain unchanged, SBP said.