Car financing in Pakistan slightly increased in September 2024. Automobile financing in Pakistan rose slightly to Rs227.54 billion in September 2024. This uptick breaks a 26-month streak of continuous decline in car financing. ISLAMABAD: Car financing in Pakistan experienced a slight rise in September 2024, increasing to Rs227.54 billion, a 0.11 per cent jump from … Read more
Pakistan’s auto sector is facing headwinds, amid fears that high interest rates and the State Bank of Pakistan’s (SBP) stringent regulations on car financing may limit sales growth in 2022. As a result, the sector’s market capitalisation fell 16 per cent in the last four months (car sector down 18 per cent and trucks 28 … Read more
Financing cars becomes easier with a 7% reduction in the interest rates since July 2018 making the cost down to 50 percent. The monetary policies of the State Bank of Pakistan (SBP), the rate at which central banks take from the former discount window, affects nearly all other market interest rates. The rates offered by … Read more
