interest rate – Page 2 – BOL News Staging

Prime Minister Announces Package For Construction Sector

December 31, 2020 by Aizbah Khan

Announcing the package for the construction sector, Prime Minister Imran Khan has said that subsidy will be given on small houses and for the next five years, the interest rate on bank 5 and 10 marla houses will not be more than 5 and 7 per cent. Referring to the construction sector in Islamabad, the … Read more

State Bank of Pakistan cuts interest rate by 1.5%, taking to 11%

March 24, 2020 by Muhammad Usman

State Bank moratorium on consumer loans’ principle

The State Bank of Pakistan (SBP) on Tuesday reduced the interest rate by 1.5%, taking it to 11%, in order to facilitate businesses and exporters and those who are looking for loans from banks to run business operations. “The global economy has been hit hard by the coronavirus, with the pandemic causing several businesses, including … Read more

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