EXPORT RE-FINANCE

Export Refinance Scheme was introduced with an aim to boost exports of non-traditional items in Pakistan. The scheme is bifurcated in two parts i.e. Part I & Part II. Under Part-I, the finance is given on pre as well as post shipment basis for export of eligible commodities. This facility is provided on a case-to-case basis. Under Part-II, an exporter may avail the export finance limit, based on his last year’s export performance in respect of eligible commodities. The process of disbursement of credit through export refinance schemes is operationally carried out through the field offices of the Bank. These offices have meaningfully contributed towards disbursement of export finance at industrial centers of the country through commercial banks. The various sectors of business facilitated by this scheme include textile, carpets, telecommunication, IT, electronics, leather, frozen seafood etc.