{"id":64616,"date":"2020-04-24T10:15:00","date_gmt":"2020-04-24T05:15:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64616"},"modified":"2020-04-23T18:19:09","modified_gmt":"2020-04-23T13:19:09","slug":"sbp-directs-bank-provide-refinancing-businesses","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html","title":{"rendered":"SBP directs banks to provide refinancing facility to businesses for employee retention"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) has announced another incentive package to help businesses retain their employees, a news source reported. To this effect, it has directed the country&#8217;s banks to provide refinancing at 0% interest rate.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/sbp-asked-provide-easy-loans-small-businesses.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP asked to provide easy loans to small businesses<\/a><\/p>\n\n\n\n<p>According to a statement issued by the central bank, a number of other measures have also been announced to facilitate banks amid the ongoing coronavirus pandemic situation. State Bank has also reduced the interest rate from 4% to 3% for the active taxpaying businesses. The businesses have also been allowed to obtain loans from any bank instead of just the ones through whom they usually manage the salary for their employees.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/sbp-raises-fees-remittances-exchange-banks.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP raises fees on remittances for exchanges, banks<\/a><\/p>\n\n\n\n<p>Earlier this month, the government introduced an incentive package in a bid to ensure that businesses do not lay off their employees for the next three months. The new measures have been introduced based on the feedback about the previous package from stakeholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) has announced another incentive package to help businesses retain their employees, a news source reported. To this effect, it has directed the country&#8217;s banks to provide refinancing at 0% interest rate. Read: SBP asked to provide easy loans to small businesses According to a statement issued by the central bank, a number of other measures have also been announced to facilitate banks amid the ongoing coronavirus pandemic situation. State Bank has also reduced the interest rate from 4% to 3% for the active taxpaying businesses. The businesses have also been allowed to obtain loans from any bank instead of just the ones through whom they usually manage the salary for their employees. Read: SBP raises fees on remittances for exchanges, banks Earlier this month, the government introduced an incentive package in a bid to ensure that businesses do not lay off their employees for the next three months. The new measures have been introduced based on the feedback about the previous package from stakeholders.<\/p>\n","protected":false},"author":57,"featured_media":64432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[27171],"persona":[],"class_list":{"0":"post-64616","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-sbp-directs-banks-to-provide-refinancing-facility-to-businesses-for-employee-retention","9":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBP directs banks to provide refinancing facility to businesses for employee retention - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The State Bank of Pakistan (SBP) has announced another incentive package to help businesses retain their employees, a news source reported. To\" \/>\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\/sbp-directs-bank-provide-refinancing-businesses.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP directs banks to provide refinancing facility to businesses for employee retention - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The State Bank of Pakistan (SBP) has announced another incentive package to help businesses retain their employees, a news source reported. To\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-24T05:15:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/SBP-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"399\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Farhad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Farhad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SBP directs banks to provide refinancing facility to businesses for employee retention - Zameen News","description":"Karachi: The State Bank of Pakistan (SBP) has announced another incentive package to help businesses retain their employees, a news source reported. To","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html","og_locale":"en_US","og_type":"article","og_title":"SBP directs banks to provide refinancing facility to businesses for employee retention - Zameen News","og_description":"Karachi: The State Bank of Pakistan (SBP) has announced another incentive package to help businesses retain their employees, a news source reported. To","og_url":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-04-24T05:15:00+00:00","og_image":[{"width":1170,"height":399,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/SBP-1.jpg","type":"image\/jpeg"}],"author":"Muhammad Farhad","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Farhad","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html"},"author":{"name":"Muhammad Farhad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9fc1132e74cdd346f201633b8d1cebc9"},"headline":"SBP directs banks to provide refinancing facility to businesses for employee retention","datePublished":"2020-04-24T05:15:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html"},"wordCount":181,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/SBP-1.jpg","keywords":["SBP directs banks to provide refinancing facility to businesses for employee retention"],"articleSection":["Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html","url":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html","name":"SBP directs banks to provide refinancing facility to businesses for employee retention - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/SBP-1.jpg","datePublished":"2020-04-24T05:15:00+00:00","description":"Karachi: The State Bank of Pakistan (SBP) has announced another incentive package to help businesses retain their employees, a news source reported. To","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/SBP-1.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/SBP-1.jpg","width":1170,"height":399},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/sbp-directs-bank-provide-refinancing-businesses.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"SBP directs banks to provide refinancing facility to businesses for employee retention"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9fc1132e74cdd346f201633b8d1cebc9","name":"Muhammad Farhad","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13eadb15a0125b6648e56703aaf7543058fea376b06a73209cde68f09b9b093d?s=96&d=mm&r=g","caption":"Muhammad Farhad"},"description":"Muhammad Farhad is a Content Developer at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/farhad-hassan"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/64616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=64616"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/64616\/revisions"}],"predecessor-version":[{"id":64618,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/64616\/revisions\/64618"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/64432"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=64616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=64616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=64616"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=64616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}