Trends - Housing Finance - Business Recorder

Housing Finance

Housing sector: SHE announces investing $50m in 3 years

ISLAMABAD: The Sustainable Housing Ecosystems (SHE), a joint consortium between Altair, AMC and Trellis on Wednesday...

Updated 08 Dec, 2022 09:10am

Business & Finance

Meezan Bank, PMRC ink accord

KARACHI: Meezan Bank and Pakistan Mortgage Refinance Company (PMRC), a Mortgage Liquidity Facility set up by the...

Published 22 Nov, 2022 03:23am

PMKJ-YES, MPMG: SBP directs banks to stop fresh disbursements

KARACHI: Following the directives of the federal government, the State Bank of Pakistan (SBP) on Thursday night ...

Updated 01 Jul, 2022 11:04am

Business & Finance

Govt suspends Mera Pakistan Mera Ghar Scheme for two months

Banks also advised to put on hold fresh disbursement under Prime Minister's Kamyab Jawan Youth Entrepreneurship Scheme

Published 30 Jun, 2022 10:16pm

Perspectives

My journey to becoming a home-owner: review of Mera Pakistan Mera Ghar scheme

The government's ‘Mera Pakistan Mera Ghar’ (MPMG) scheme has been a success – at least from the view of...

Published 29 Jun, 2022 10:38pm

CRR, housing finance: SBP issues fresh directives to banks

KARACHI: The State Bank of Pakistan (SBP) has issued fresh directives for the Cash Reserve Requirement (CRR) and...

Published 15 Jun, 2022 05:47am

Business & Finance

SBP says Cash Reserve Requirement does not apply on housing, construction finance targets

The State Bank of Pakistan (SBP) on Tuesday has said that the Cash Reserve Requirement (CRR) for banks will not be...

Published 14 Jun, 2022 03:52pm

Business & Finance

Housing finance facilities: Maximum limit for modaraba companies increased

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has increased the maximum limit for modaraba...

Published 22 Apr, 2022 06:00am

Business & Finance

MPMG Scheme: Banks approve Rs180bn housing loans

KARACHI: Banks have approved low-cost housing loans amounting to Rs 180 billion under Mera Pakistan Mera Ghar ...

Published 15 Apr, 2022 05:29am

Business & Finance

SBP, banks organise ‘mela’ in Faisalabad to promote housing finance

KARACHI: State Bank of Pakistan (SBP) together with banks held a Mela in Faisalabad on Saturday to increase ...

Published 20 Mar, 2022 06:04am

Business & Finance

GMSS for housing finance: SECP includes licensed HFCs as executing agencies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has included licensed Housing Finance Companies...

Published 18 Mar, 2022 05:20am

Under-construction projects: Purchasers of units may avail housing finance, says SBP

KARACHI: The State Bank of Pakistan (SBP) on Friday announced that purchasers of housing units in under construction...

Updated 26 Feb, 2022 10:09am

Business & Finance

Auto financing drops marginally month-on-month

Amounts to Rs352bn at end of January 2022

Updated 19 Feb, 2022 08:15pm

Housing finance: SBP ups banks’ mandatory target

KARACHI: The State Bank of Pakistan (SBP) Friday announced increase in the mandatory target for financing of housing...

Updated 22 Jan, 2022 09:43am

BR Research

Housing Finance: Growth, but!

What determines success of a housing finance subsidy scheme? A lot of time has been spent in this space lamenting ...

Published 12 Jan, 2022 08:00am

Business & Finance

SECP issues ‘procedural guide’ on formation, licensing of NBFCs

ISLAMABAD: In order to facilitate the prospective investors of Non-Banking Finance Sector and as part of its...

Published 31 Dec, 2021 06:50am

Pakistan

PM appreciates banks for facilitating working class seeking housing loans

Prime Minister Imran Khan lauded on Friday commercial banks for facilitating common man seeking loans to construct...

Published 24 Dec, 2021 10:31pm

BR Research

Housing finance: Data nostalgia

If media headlines are any guideline, the Mera Pakistan Mera Ghar (MPMG) scheme of the SBP—a mark-up scheme that...

Updated 24 Dec, 2021 07:54am

Housing finance: SBP raises exposure limit to 25pc of mandatory targets

KARACHI: The State Bank of Pakistan (SBP) has announced increase in the exposure limit on eligible...

Updated 02 Dec, 2021 09:38am

Low-income group: 100,000 housing units being constructed: PM

ISLAMABAD: Prime Minister Imran Khan said that 0.1 million housing units are being constructed for low-income group...

Updated 20 Nov, 2021 10:02am

Editorials

Housing finance

EDITORIAL: The International Finance Corporation’s (IFC’s) latest study of the housing sector found nothing that...

Published 25 Sep, 2021 04:59am

Under-construction projects: SBP allows banks, DFIs to extend loans

The financing risk of banks will be secured through mortgage of project land based on specific arrangements with builders

Updated 03 Sep, 2021 10:01am

G-MSS for housing finance: FIs to face penalty for missing targets

KARACHI: The State Bank of Pakistan (SBP) has announced that it will impose penalty on the Financial Institutions...

Published 07 Jul, 2021 04:28am

Business & Finance

Housing finance: SBP to penalize banks for failing G-MSS targets

In order to enhance the level of disbursement for housing finance under the Government's Mark-up Subsidy Scheme...

Published 06 Jul, 2021 07:09pm

Business & Finance

PMRC issues Rs1bn Sukuk to promote housing finance

Shariah-compliant finance to have focus on low-cost housing

Published 16 Jun, 2021 07:57pm

Business & Finance

Trend of housing finance is accelerating, says SBP's Kamil

Sima Kamil said that banks have approved loans of Rs 15 billion in six months and earlier loan terms were difficult but now they have been eased.

Published 22 Apr, 2021 02:26pm

Business & Finance

Housing Finance: SBP develops Mechanism for Payment of Markup Subsidy

As per details, SBP has issued necessary instructions to all commercial banks, microfinance banks and HBFCL (Executing Agencies (EAs)) through IH&SMEFD Circular No. 03 dated March 25, 2021 and revised instructions thereof issued from time to time.

Published 21 Apr, 2021 03:41pm

Business & Finance

Housing finance: SBP unveils mechanism for payment of markup subsidy

KARACHI: The State Bank of Pakistan (SBP) has announced a mechanism for payment of markup subsidy for housing ...

Updated 21 Apr, 2021 10:07am

Housing finance: PM asks banks to take pro active approach

ISLAMABAD: Boom in construction sector would bring economic stability in the country by generating employment...

Published 29 Mar, 2021 06:05am

Pakistan

Banks directed to ensure easier financing to public for affordable housing

The revised scheme is expected to make access to housing finance much easier for a large number of households who currently do not own a house.

Published 25 Mar, 2021 08:07pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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