SBP allows financing of under construction houses
Agency21 Blog
Posted On September 3, 2021
0
448 Views
0 
ISLAMABAD: As per the latest press release of the State Bank of Pakistan (SBP), the central bank has allowed the financing of under-construction housing units.
According to the details, the central bank has directed the commercial banks and DFIs to approve the financing of under-construction housing units.
The central bank has evolved a comprehensive framework for commercial banks in order to mitigate the risks.
The initiative of the state bank will provide a great impetus to the growth of the real estate and construction sector.
To stay updated, visit Agency21 blog.
