Tue, 21-Oct-2025

Banks’ housing finance sharply rises 85% in 2021

housing finance

KARACHI: Bank financing for housing and construction sharply increased 85 per cent, or Rs163 billion, to Rs355 billion in the financial year 2021, the State Bank of Pakistan (SBP) reported on Thursday. The total outstanding credit of banks for housing and construction stood at Rs192 billion in the preceding year. Within the housing and construction … Read more

Housing, construction finance posts sharp rise of Rs111 billion in FY21: SBP governor

Lack of infrastructure, utilities impeding new housing projects in Karachi: Habib

KARACHI: The housing and construction finance registered a significant increase of Rs111 billion, or 75 per cent during FY21, compared with FY20, to reach Rs259 billion by the end of June 2021, a statement quoted a senior government official, as saying, on Thursday. Briefing Prime Minister Imran Khan in a meeting of the National Coordination … Read more