SBP enhances loan size under its refinance scheme to support women entrepreneurs

To encourage women participation in the economy, State Bank of Pakistan (SBP) has enhanced the financing limit under its Refinance and Credit Guarantee Scheme for Women Entrepreneurs from Rs1.5 million to Rs5 million. The decision has been taken in light of feedback received from various stakeholders about current financing limit… Continue reading

1320 companies availed Rs96 billion through SBP’s Refinance Scheme: Reza Baqir Agha Shahab urges SBP to publicize info of loan beneficiaries to promote transparency

KARACHI: Governor State Bank of Pakistan (SBP) Reza Baqir has informed that so far a total of 1320 companies have availed SBP’s refinance scheme and a sum of Rs96 billion has been disbursed to the applicants during April, May and June 2020 under the said scheme which was launched to… Continue reading

Industrialists welcome “Refinance Scheme” to protect industrial workers from unemployment on Nkati demand

Karachi: North Karachi Association of Trade & Industry (NKATI) has lauded “Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business Concerns” and have expressed their thanks to Prime Minister Imran Khan, Finance Advisor Hafeez Shaikh, Governor State Bank Reza Baqir on fulfilled NKATI demand…. Continue reading

SBP introduced new refinance scheme to avoid layoff of workers

KARACHI: To support the employment of workers in the face of economic challenges posed by the spread of COVID-19, the State Bank of Pakistan (SBP), has introduced a temporary refinance scheme for businesses entitled Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business Concerns…. Continue reading