Banks in Pakistan

BANK ALLOWED THIRD PARTY GUARANTEE FOR HOUSE FINANCING

SBP allows housing loan on personal guarantee KARACHI: In order to make it easier for banks to extend the financing of low-cost housing, the State Bank of Pakistan (SBP) has allowed banks to accept a personal guarantee from a third party to finance low-cost housing to cover the risks of the mortgage. News reported on Tuesday February, 16, 2021     Currently, applicants face...

STATE BANK OF PAKISTAN LAUNCHES SERVICE DESK PORTAL

Mera Pakistan Mera Ghar: SBP launches Service Desk Portal  for the resolution of complaints Islamabad: According to a report released on January 25, 2021, Bridging the existing gap through technological advancements, the State Bank of Pakistan (SBP) has launched a “SBP Service Desk Portal” for people benefiting from the government's markup grant scheme under the "Mera Pakistan Mera Ghar initiative....

SBP online portal

SBP LAUNCHES COMPLAINT PORTAL FOR HOUSING LOANS

The State Bank of Pakistan (SBP) has launched an online complaint resolution portal. Thus, to resolve complaints of potential customers under the government's mark-up subsidy scheme for affordable housing. The Prime Minister of Pakistan chaired a meeting of the National Coordination Committee on Housing, Construction and Development (NCCHCD) in Islamabad. Moreover, he appreciated the development of a...

Raast initiative

RAAST INITIATIVE BY PM TO MOVE TO CASHLESS ECONOMY

The country took another step towards the digital world with the launching of Raast initiative. It is Pakistan’s first instant payment system. Thus, it  enables end-to-end digital payments among individuals, businesses and government entities within seconds. Prime Minister Imran Khan launched the Raast at a ceremony. The initiative is part of the prime minister’s “Digital Pakistan Vision”....

Property insurance

PROPERTY INSURANCE IN PAKISTAN

INTRODUCTION WHAT IS PROPERTY INSURANCE REASONS WHY YOU SHOULD INSURE YOUR PROPERTY MOST POPULAR PROPERTY INSURANCE COMPANIES IN PAKISTAN Askari General Insurance Company Ltd  Jubilee Insurance IGI General Insurance Alfalah Insurance CONCLUSION INTRODUCTION Why should you sign up for property insurance in Pakistan? Well, spending a life with no...


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