{"id":3498,"date":"2020-08-05T10:07:37","date_gmt":"2020-08-05T10:07:37","guid":{"rendered":"https:\/\/www.icap.org.pk\/?p=3498"},"modified":"2020-08-05T10:07:37","modified_gmt":"2020-08-05T10:07:37","slug":"icap-collaboration-with-bankislami-pakistan-sbp-refinance-scheme-for-salaries-wages","status":"publish","type":"post","link":"https:\/\/staging.icap.org.pk\/icap\/icap-collaboration-with-bankislami-pakistan-sbp-refinance-scheme-for-salaries-wages\/","title":{"rendered":"ICAP Collaboration with BankIslami Pakistan &#8211; SBP Refinance Scheme for Salaries &#038; Wages"},"content":{"rendered":"<p>The Institute has collaborated with BankIslami  Pakistan Limited to facilitate our Practicing Members in obtaining financing  facility under &#8216;SBP Refinance Scheme for Salaries and Wages&#8217;.<\/p>\n<p>  BankIslami Pakistan will be providing priority  services to the applicant Firms with dedicated help desk.<\/p>\n<p><strong>Key Terms of SBP  Refinance Scheme:<\/strong><\/p>\n<ul>\n<li>Purpose:&nbsp;  Financing&nbsp;of&nbsp;Salaries&nbsp;&amp;&nbsp;Wages&nbsp;(April to Sep 2020)  to support Employment.<\/li>\n<li>Pricing: End Borrower Rate: Filer @ 3% p.a and  Non Filer @ 5% p.a.<\/li>\n<li>Repayment\u200b:&nbsp; \u200b2.5  years, inclusive of 6 months grace period.<\/li>\n<li>Cut-off date for application: 30-09-2020.<\/li>\n<\/ul>\n<p>Please refer <a href=\"\/files\/per\/members\/discounts-mou\/BankIslami.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>letter<\/strong><\/a> for details. Interested Firms may contact the respective focal person of  BankIslami for assistance. <\/p>\n<p>  Please note that the  financing facility would be a bilateral arrangement\/agreement between  BankIslami Pakistan and the Firm (Applicant).<\/p>\n<p>Under any circumstances<\/p>\n<ol type=\"i\">\n<li>ICAP  will neither be privy to such arrangement\/agreement nor will it confer any  right or benefit to&nbsp;ICAP<\/li>\n<li>ICAP will not become part of any dispute,  recovery and legal proceedings&nbsp;arising out of such arrangement\/agreement<\/li>\n<li>ICAP will not be held liable and responsible for process, screening,  approval, default or breach&nbsp;of  any&nbsp;term&nbsp;of&nbsp;arrangement\/agreement&nbsp;by&nbsp;the Firm&nbsp;and  BankIslami.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The Institute has collaborated with BankIslami Pakistan Limited to facilitate our Practicing Members in obtaining financing facility under &#8216;SBP Refinance Scheme for Salaries and Wages&#8217;. BankIslami Pakistan will be providing&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-3498","post","type-post","status-publish","format-standard","hentry","category-news-events"],"_links":{"self":[{"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/posts\/3498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/comments?post=3498"}],"version-history":[{"count":1,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/posts\/3498\/revisions"}],"predecessor-version":[{"id":3499,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/posts\/3498\/revisions\/3499"}],"wp:attachment":[{"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/media?parent=3498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/categories?post=3498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/tags?post=3498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}