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State Bank Holds ‘Mera Pakistan-Mera Ghar Mela’

State Bank Organize ‘Mera Pakistan-Mera Ghar Mela’

Faisalabad: SBP & Banks to Organize ‘Mera Pakistan Mera Ghar Mela’ The State Bank of Pakistan announced that commercial banks awarded rapid conditional clearance for house loans of PKR 7.4 billion during the First Mera Pakistan Mera Ghar 'Mela' hosted in Faisalabad. Banks received a resoundingly positive response at the Mera Pakistan Mera Ghar (MPMG) event. At the event, banks registered...

Overseas Pakistanis

Overseas Pakistanis and Real Estate Investment

Investing in Real Estate by Pakistanis Living Abroad Overseas Pakistanis contribute significantly to the national economy. Remittances paid by Pakistanis living abroad assist to stabilize the country's foreign currency reserves and encourage Foreign Direct Investment (FDI). There are around nine million Pakistanis living in various countries, with the majority residing in the Gulf area, including the...

MODEL ECONOMIC ZONE TO BE SET UP UNDER CPEC

MODEL ECONOMIC ZONE TO BE SET UP UNDER CPEC: Minister A model economic zone will be set up under the second phase of China-Pakistan Economic Corridor (CPEC) to captivate the interest of overseas Pakistani and Chinese investors’. LAHORE: A model economic zone will be established under the China-Pakistan Economic Corridor (CPEC) to maintain the interests of overseas Chinese and Pakistani investors, while...

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. The news reported on Tuesday, February, 16, 2021     Currently, applicants face...

Digital Pakistan – PTCL successfully conducts 5G trial

On February 11,2021, the PTCL group successfully tested its 5G network in a controlled environment at its headquarters in Islamabad in a limited environment on a non-commercial basis to achieve download speeds of up to 1,685 gigabytes per second (GBPS). Speaking on the occasion, Syed Aminul Haque said: “I am delighted to be present at this crucial event as the PTCL Group takes an important step to...

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