PIA Takes 2.5 Billion Rupees Loan from The Bank of Punjab

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Abbas Ali
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PIA Takes 2.5 Billion Rupees Loan from The Bank of Punjab

Post by Abbas Ali » Thu Nov 30, 2017 12:52 pm

Cash-strapped PIA has taken 2.5 billion rupees loan from The Bank of Punjab. The loan has been arranged with the help of the Government of Pakistan guarantees. It means the Government of Pakistan will pay this amount with interest to the bank in case the airline is unable to do so.

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Abbas
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