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Bank of Punjab Becomes Market Maker for Debt Securities on PSX

Bank of Punjab Becomes Market Maker for Debt Securities on PSX
The Bank of Punjab (BOP) has become the market maker for debt securities at Pakistan Stock Exchange (PSX). It is the second bank to join the equity market after Bank Alfalah, while more banks are likely to come in near future.
An agreement was signed between PSX and BOP today at PSX Trading Hall, whereby BOP becomes the first bank to be recognized as Market Maker for both conventional and Shariah Compliant debt instruments on PSX.
The agreement was signed between MD & CEO of Pakistan Stock Exchange, Farrukh H. Khan, and President & CEO, Bank of Punjab, Zafar Masud. Also present at the ceremony were the BOP Group Head of Treasury and FIs, Khawar Ansari, and senior management of both the organizations. ....

Farrukhh Khan , Khawar Ansari , Zafar Masud , Pakistan Stock Exchange , Group Head Of Treasury , Bank Alfalah , Market Maker , Shariah Compliant , State Bank , Primary Dealer , Gop Debt , Gop Shariah Compliant , Government Debt , கவர் அன்சாரி , ஸ்யாஃபார் மசூத் , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , குழு தலை ஆஃப் கருவூலம் , வங்கி அல்பாலா , சந்தை தயாரிப்பாளர் , நிலை வங்கி , ப்ரைமரீ வியாபாரி , கோப் கடன் , அரசு கடன் ,

BoP & PMRC ink agreement for affordable housing finance

BoP & PMRC ink agreement for affordable housing finance
National
December 16, 2020
LAHORE: The Bank of Punjab and Pakistan Mortgage Refinance Company (PMRC) join hands for providing and promoting affordable housing finance in the country by signing a Credit Guarantee Agreement with Credit Guarantee Trust for low-cost housing, set up by the government with PMRC as trustee. The BoP has become the first bank in Pakistan which has signed a master credit guarantee agreement to avail risk cover for low-income housing finance. BoP has also partnered with PMRC and obtained a refinancing facility. These initiatives will help the bank to partially alleviate the credit risk entailed and provide affordable mortgage facilities to the low-income persons particularly those in the informal sector. The government is committed to providing affordable housing finance to its citizens for economic and social development. BoP President Zafar Masud said, “Housing sector is a niche for us ....

Mudassirh Khan , Gen Anwar Ali Hyder , Zafar Masud , Sima Kamil , Credit Guarantee , World Bank , Pakistan Mortgage Refinance Company , Guarantee Agreement , Guarantee Trust , Lt Gen Anwar Ali Hyder , Governor Ms Sima Kamil , Namoos Zaheer , கேன் அன்வர் அலி ஹய்தேர் , ஸ்யாஃபார் மசூத் , சிமா காமில் , கடன் உத்தரவாதம் , உலகம் வங்கி , பாக்கிஸ்தான் அடமானம் மறுநிதியளிப்பு நிறுவனம் , உத்தரவாதம் நம்பிக்கை , ல்ட் கேன் அன்வர் அலி ஹய்தேர் , கவர்னர் செல்வி சிமா காமில் ,