According to a statement issued by State Bank of Pakistan (SBP), until 15 May 2020, around 1700 businesses have applied for loan under the SBP’s Rozgar Refinance Scheme amounting to Rs. 120 billion. These businesses have employed more than 1.1 million individuals. Under this scheme, about Rs. 61 billion has already been approved by banks … Read More “600,000 Jobs saved by SBP Rozgar Refinance Scheme” »
The State Bank of Pakistan (SBP) has announced a new Refinance Scheme called “Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business Concerns”. This scheme aims at supporting businesses affected by the coronavirus pandemic to ensure availability of funds at their disposal for payment of wages/salaries to their workers … Read More “What you need to know for applying under SBP`s Refinance Scheme for Wages and Salaries” »
With a view to combat the impact of COVID-19 pandemic, the State Bank of Pakistan (SBP) announced various refinance schemes. One of the schemes which received appreciation from the business community is the Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business Concerns. This facility provides concessional loans to … Read More “SBP relax requirements for refinance scheme for payment of wages and salaries” »
