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Daily Archives: April 6, 2020

State Bank of Pakistan provides more flexibility to hospitals and medical centres under its Refinance Facility for Combating COVID‐19

Since the outbreak of COVID‐19, State Bank of Pakistan has taken a number of measures to support the economy. One of the earliest measures taken by SBP was to support the hospitals, which have been at the fore front in combating the disease, by providing them a facility to meet their financial needs namely the SBP Refinance Facility to Combat COVID‐19 (RFCC) on March 17, 2020.   Since then SBP received several suggestions by stakeholders to further improve it. Keeping in view such suggestions, SBP has provided more flexibility under RFCC to facilitate the health sector further. Hospitals and medical centres engaged in fight against COVID‐19 will now be allowed to avail...

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Availability of SBP Helpline for customers of banks and public warning against fraudsters calling for personal information citing situation under COVID-19

Karachi, April 06, 2020 (PPI-OT): SBP has taken additional measures to facilitate bank customers that are faced with extraordinary challenges arising out of COVID-19 situation in the country. They can now approach SBP through its helpline service in case their...

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