Introduction
Amid the growing concerns of COVID – 19 pandemic, State Bank of Pakistan (SBP) has, thus far, announced a number of regulatory relief measures for the financial sector and real economy. These measures are primarily aimed at ensuring the safety and soundness of banking sector while enhancing their lending capacity to support the economic activities in the country.
Following Two measures have been the latest steps in this regard taken by SBP:
- Suspension of Dividends by banks/DFIs for two Quarters
- Further incentives for businesses to retain workers & employees and prevent layoffs
LINK OF DOCUMENTS:
- Suspension of Dividends by banks/DFIs for two Quarters
Suspension of Dividends for March and June 2020 Quarters-merged
- Further incentives for businesses to retain workers & employees and prevent layoffs
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