UBL, AIM sign deal
May 26, 2021
KARACHI: The United Bank Limited (UBL) has been one of the leading advocates of the government-backed “Mera Pakistan Mera Ghar” low-cost housing finance scheme since its inception, a statement said on Tuesday.
To further enhance the bank’s promotion and extension of this facility, UBL signed an agreement with Akhuwat Islamic Microfinance (AIM) to offer exclusive housing finance solutions to the customers of Akhuwat.
Further, UBL will provide housing finance solutions on the low-cost housing variants under Islamic financing mode and will offer exclusive arrangements to the customers of Akhuwat, it added.
AIM, a not-for-profit organisation, has in-depth expertise of serving the underprivileged through favourable financial schemes.
KSE-100: Stocks extend gains on upbeat economic projections; index up 203 points
May 26, 2021
Bullish momentum continued at Pakistan Stock Exchange (PSX) as stocks extended gains for the third consecutive session on Tuesday, as investors’ sentiments remained upbeat on positive economic indicators.
On Tuesday, the benchmark KSE-100 index clocked at 46,300 index level after gaining about 203 points by the closing bell, as the Index remained positive throughout the session touching an intraday high of 46,371.69 and a low of 46,047.66.
Investors anticipating tax incentives for the industries in the upcoming budget helped the KSE-100 index boost market sentiments, as investors react to the news that the government may be formulating a populist budget proposal to keep the personal income taxes and power tariffs unchanged.
UBL, AIM sign deal thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
UBL, AIM sign deal thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.