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...
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...