|
SU HOME | SEARCH | CONTACT US |
| |
|
|  | « IFC's Public-Private Partnership Advice Will Help Egypt Improve Water Services and Build More Schools | Main | China, India like chalk and cheese and twain may never meet » December 3, 2006PAKISTAN: SBP to issue guidelines for Islamic banks
Source: The News - International KARACHI: The State Bank of Pakistan, with the technical help of Asian Development Bank, has decided to allow commercial banks to start new modes of financing, to be called "Security Interest" and "Collateral Interest". A security interest is a right given to one party to secure payment and performance of an obligation while collateral constitutes assets over which security is granted. The financing under security interest will begin following the completion of a connected project called secured transaction framework. Posted by pichu at December 3, 2006 3:45 PM |
|
|
CRGP News
Global Projects RealNews
