Through e-mail

PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
PHMA House, 37-H, Block-6, P.E.C.H.S, Karachi. Tel: 0092-21-34522769, 34522685, 34544765
Fax: 0092-21-34543774, E-mail: info@phmaonline.com   

Ref. No. PHMA/Cir-036/2020
Dated: 04^th April, 2020

To: All Members of the Association (Southern Zone & Northern Zone)

SBP CIRCULAR ON Relief under SBP Refinance Schemes to Dampen the Effects of Covid -19

PHMA Members are informed that SBP Infrastructure, Housing & SME Finance Department has issued IH&SMEFD Circular Letter No. 5 of 2020 dated 03-Apr-2020  addressed to the Presidents / Chief Executives of all Banks/DFIs  regarding relief under SBP Refinance Schemes to Dampen the Effects of Covid -19 whereby SBP has decided to  allow  the  relaxation  to  financing  under  conventional & Shariah compliant  SBP refinance schemes as follows

·         Long Term Financing Facility (LTFF)

·         Financing Facility for Storage of Agricultural Produce (FFSAP)

·         Refinance Facility for Modernization of SMEs

·         Refinance and Credit Guarantee Scheme for Women Entrepreneurs

·         Refinance Scheme for Working Capital Financing of Small Enterprises and Low-End Medium Enterprises

·         Small Enterprise (SE) Financing and Credit Guarantee Scheme for Special Persons

Copy of SBP Circular is attached for the information and to follow up with your concerned bank in this respect.

Best Regards,