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40pc of women representation in financial institutions demanded

Islamabad : Financial institutions and companies must guarantee at least 40 per cent participation and equal access of women and men at senior level positions.The recommendation was tabled at a.

Meezan Bank earns Rs12 7bn - Newspaper

Low-cost housing finance yet to catch momentum

July 18, 2021 ISLAMABAD: Prime Minister’s housing finance loans from banks have so far failed to get momentum mainly because of inexperienced staff to extend mortgage finance and inability to inspect the property within the stipulated time frame, according to a research study. Alone in Islamabad under jurisdiction of Capital Development Authority (CDA), it takes almost 9 months to get a construction permit for a residential building having 151 square yards with a value of 6 million rupees. It costs 3 percent of plot value to get permission. There are different kinds of sludges for constructing residential and high-rise buildings in the country as it requires different kind of no objection certificates from respective regulators, Civil Aviation Authority (CAA) and Air Headquarters.

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