Latest Breaking News On - Pakistan mera ghar - Page 1 : comparemela.com

Bank Financing to Housing and Construction Crosses Rs. 200 Billion Banks’ housing and construction finance portfolio has surged to Rs. 202 billion in March 2021 mainly due to the policy of the government and banking regulator to promote housing finance through low-cost housing scheme, according to the data revealed by the State Bank of Pakistan (SBP). The housing finance from banks surged to a maximum level of Rs. 103 billion from the last many decades. The financing surged to Rs. 148 billion till June 2020 and then surged to Rs. 202 billion by mid of March 2021. 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. As of April 20, 2021, banks have received applications for financing of more than Rs. 52 billion from the general public under this scheme. Of these, the banks have approved financing of more than Rs.15 billion to the applicant

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