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PAC To Hold An Exclusive Meeting On Railways Issues

PAC To Hold An Exclusive Meeting On Railways Issues
urdupoint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from urdupoint.com Daily Mail and Mail on Sunday newspapers.

Banks given time to develop model for housing loans - Newspaper

Banks Have Given Out Loans Worth Rs 30 Billion for Housing Finance

Banks Have Given Out Loans Worth Rs 30 Billion for Housing Finance
propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.

Housing finance up 36 percent in nine months

Housing finance up 36 percent in nine months Business April 28, 2021 KARACHI: Housing and construction loans increased 36 percent or Rs54 billion during the nine months of the current fiscal year of 2020/21, the central bank said on Tuesday. The banks’ housing and construction finance portfolio increased from Rs148 billion by the end of June 2020 to Rs202 billion in March 2021. This represents a growth in three quarters of FY21 compared to a stagnant position in earlier quarters. “Such growth in housing and construction finance in such a period has never been witnessed in Pakistan’s history previously,” the SBP said in a statement. “Overall financing to the housing and construction sector by banks is likely to increase further significantly as mortgage finance activity under Mera Pakistan Mera Ghar Scheme is picking up pace.”

Housing finance goes up by record 36pc - Newspaper

Housing and construction finance has been progressing significantly and a momentum in housing and construction finance is building up. Radio Pakistan/File KARACHI: Housing and construction finance witnessed historic 36 per cent growth during 2020-21, the State Bank of Pakistan (SBP) said on Tuesday. In a joint statement, the SBP and Pakistan Banks’ Association (PBA) explained their efforts to bring growth in housing finance and creating awareness about the best use of the offers being introduced by the government, SBP and banks. Housing and construction finance has been progressing significantly and a momentum in housing and construction finance is building up, the statement said.

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