Dear Member,

We would like to inform you that State Bank of Pakistan (SBP), in the current situation of Covid-19, has introduced the following schemes for the benefit of SMEs and exporters:

• Refinance Facility for Combating COVID-19 (RFCC)
• Temporary Economic Refinance Facility (Terf)
• SBP Rozgar Scheme

We would highly appreciate your feedback on the above schemes for making any further changes in order to facilitate SMEs and exporters.

We will send your recommendations/feedback to the Chief Manager, State Bank of Pakistan BSC Islamabad, who has been designated by SBP to coordinate with banks for helping businesses in availing above schemes and to address concerns of SMEs and exporters.

It is further informed that in next few days, ICCI will also arrange an online session. In this session SBP brief members about the scheme and members will get also the opportunity to share their views about the said schemes.

We look forward to your early response.  

Thanking you,

Yours Sincerely,

Majid Shabbir

Secretary General