{"id":64189,"date":"2020-04-17T10:00:00","date_gmt":"2020-04-17T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64189"},"modified":"2020-04-16T17:43:15","modified_gmt":"2020-04-16T12:43:15","slug":"85000-pakistanis-availed-loan-relief-schemes-sbp","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/85000-pakistanis-availed-loan-relief-schemes-sbp.html","title":{"rendered":"85,000 Pakistanis have availed loan relief schemes: SBP"},"content":{"rendered":"\n<p>Lahore: The State Bank of Pakistan (SBP) has recorded over 85,000 applications from borrowers looking to ease their loan repayments in the wake of the coronavirus pandemic, a news source reported. As per the publication, the SBP, in recent weeks, had introduced several loan relief schemes to facilitate borrowers during this tough period &#8211; leading to this development.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/sbp-introduces-cheap-loans-scheme-prevent-layoffs.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"SBP introduces cheap loans scheme to prevent layoffs (opens in a new tab)\">SBP introduces cheap loans scheme to prevent layoffs<\/a><\/p>\n\n\n\n<p>The central bank reported that the commercial banks have\nreceived 85,494 applications from borrowers trying to avail the loan relief schemes. Of\nthis total number, sources added that 80,368 borrowers had already benefited\nfrom the program, while the remaining 5,126 cases were currently being processed.<\/p>\n\n\n\n<p>According to the details available, the borrowers have availed the deferred payment facility of PKR 20 billion. They added that a small section of borrowers has also availed the restructuring of their loans amounting to PKR 1.4 billion. <\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/covid-19-relief-measures-sbp-offers-one-year-extension-loan-repayments.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"COVID-19 relief measure: SBP offers one-year extension on loan repayments (opens in a new tab)\">COVID-19 relief measure: SBP offers one-year extension on loan repayments<\/a><\/p>\n\n\n\n<p>Previously, the SBP had announced its loan relief schemes for\nborrowers within the consumer, corporate, SMEs, microfinance, and agriculture sectors.\nAccording to these schemes, DFIs were to defer the payments of loan principles\nand advances by one year, or restructure the loans if required. Meanwhile, the\nborrowers will continue to service the markup amount.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The State Bank of Pakistan (SBP) has recorded over 85,000 applications from borrowers looking to ease their loan repayments in the wake of the coronavirus pandemic, a news source reported. As per the publication, the SBP, in recent weeks, had introduced several loan relief schemes to facilitate borrowers during this tough period &#8211; leading to this development. Read: SBP introduces cheap loans scheme to prevent layoffs The central bank reported that the commercial banks have received 85,494 applications from borrowers trying to avail the loan relief schemes. Of this total number, sources added that 80,368 borrowers had already benefited from the program, while the remaining 5,126 cases were currently being processed. According to the details available, the borrowers have availed the deferred payment facility of PKR 20 billion. They added that a small section of borrowers has also availed the restructuring of their loans amounting to PKR 1.4 billion. Read: COVID-19 relief measure: SBP offers one-year extension on loan repayments Previously, the SBP had announced its loan relief schemes for borrowers within the consumer, corporate, SMEs, microfinance, and agriculture sectors. According to these schemes, DFIs were to defer the payments of loan principles and advances by one year, or&hellip;<\/p>\n","protected":false},"author":68,"featured_media":60606,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[26498],"persona":[],"class_list":{"0":"post-64189","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-85000-pakistanis-have-availed-loan-relief-schemes-sbp"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>85,000 Pakistanis have availed loan relief schemes: SBP - Zameen News<\/title>\n<meta name=\"description\" content=\"SBP has recorded over 85,000 applications from borrowers looking to ease their loan repayments in the wake of the coronavirus pandemic.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/85000-pakistanis-availed-loan-relief-schemes-sbp.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"85,000 Pakistanis have availed loan relief schemes: SBP - Zameen News\" \/>\n<meta property=\"og:description\" content=\"SBP has recorded over 85,000 applications from borrowers looking to ease their loan repayments in the wake of the coronavirus pandemic.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/85000-pakistanis-availed-loan-relief-schemes-sbp.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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