The SBP on Saturday had launched a subsidized financing
programme worth Rs100 billion for startups and small-to-medium enterprise to create self-employment and opportunities for others in the country.
Similarly, the State Bank had earlier announced a subsidized financing
facility under which banks will be provided Rs 1 million or 50 percent of the loan amount at an interest rate of 1 percent while the end borrowers will be charged at 5 percent.
SBP also introduced Shariah compliant version of Long Term Financing Facility (LTFF) enabling Islamic banking customers to avail subsidized financing
from Islamic banks for setting up export oriented projects.
KDFA, acting in conjunction with the Kansas Department of Health and Environment (KDHE), provides municipalities throughout the state with subsidized financing
for water supply (drinking water) and sewer system (clean water) improvement projects.
Lebanese expats and qualifiers residing in country could access subsidized financing
to purchase homes at values up to $800,000 and $533,000 respectively, via BDL and the housing bank.
The SBP earlier said that it will introduce a subsidized financing
facility for low cost housing by providing liquidity to the financial institutions at subsidized rate.
They provide subsidized financing
. They select industries where they want to dominate, and that means state control of industrial policy.
Luis Maizel: Japan and Finland are good examples of the Government using subsidized financing
to direct specific fields of growth, in many cases allowing small business to participate.
During the event, Hariri said in his speech the Rafik Hariri Center would host young entrepreneurs and allow innovators to create their own businesses, benefiting from the resources of Smart ESA and the subsidized financing
made possible by the Central Bank.
The "Rafic Hariri Center" will host young entrepreneurs and allow innovators to create their own businesses, benefiting from the resources of "Smart ESA" and the subsidized financing
provided by the Central Bank.
If banks had to put more of their equity on the line, rather than rely on cheap and essentially subsidized financing
from deposits, they would be more heedful of risk, the Stanford professor argues.