{"id":67170,"date":"2020-06-27T09:55:00","date_gmt":"2020-06-27T04:55:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=67170"},"modified":"2020-06-26T17:27:42","modified_gmt":"2020-06-26T12:27:42","slug":"sbp-forms-committee-to-promote-housing-finance-in-pakistan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sbp-forms-committee-to-promote-housing-finance-in-pakistan.html","title":{"rendered":"SBP forms committee to promote housing finance in Pakistan"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) on Tuesday set up the Steering Committee on Housing and Construction Finance to promote the country&#8217;s housing sector, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-announces-suspension-service-charges-deposits-banks.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP announces suspension of service charges on deposits by banks<\/a><\/p>\n\n\n\n<p>The committee will devise and implement \u201csustainable market-led financing of <a href=\"https:\/\/www.zameen.com\/news\/low-cost-housing-finance-policy-initiated.html\" target=\"_blank\" rel=\"noreferrer noopener\">housing projects<\/a> and mortgages\u201d. SBP Governor Reza Baqir said that the housing finance is a priority for the central bank and will be facilitated and supported with its promotion in the country.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pm-directs-finance-advisor-sbp-finalise-policies-facilitate-overseas-pakistanis.html\" target=\"_blank\" rel=\"noreferrer noopener\">PM directs Finance Advisor, SBP to finalise policies to facilitate overseas Pakistanis<\/a><\/p>\n\n\n\n<p>At the recently held meeting, the SBP and commercial banks announced their intention to work on two pilot projects that includes one project on the state-owned land and the other on private sector builders\u2019 models. This decision towards contributing to housing projects is in line with the government\u2019s vision of building low-cost housing projects for people within the lower income brackets. The volunteering banks are asked to hold meetings on the financing of these pilot projects and will present their reports during the weekly meetings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) on Tuesday set up the Steering Committee on Housing and Construction Finance to promote the country&#8217;s housing sector, according to news sources. Read: SBP announces suspension of service charges on deposits by banks The committee will devise and implement \u201csustainable market-led financing of housing projects and mortgages\u201d. SBP Governor Reza Baqir said that the housing finance is a priority for the central bank and will be facilitated and supported with its promotion in the country. Read: PM directs Finance Advisor, SBP to finalise policies to facilitate overseas Pakistanis At the recently held meeting, the SBP and commercial banks announced their intention to work on two pilot projects that includes one project on the state-owned land and the other on private sector builders\u2019 models. This decision towards contributing to housing projects is in line with the government\u2019s vision of building low-cost housing projects for people within the lower income brackets. The volunteering banks are asked to hold meetings on the financing of these pilot projects and will present their reports during the weekly meetings.<\/p>\n","protected":false},"author":75,"featured_media":64432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012,15015],"tags":[32953,2630,32952,21853],"persona":[],"class_list":{"0":"post-67170","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"category-legal-taxation","9":"tag-housing-and-construction-finance","10":"tag-housing-finance","11":"tag-sbp-forms-committee-to-promote-housing-finance-in-pakistan","12":"tag-state-bank-of-pakistan-sbp","13":"cat-15012-id","14":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBP forms committee to promote housing finance - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The State Bank of Pakistan (SBP) on Tuesday set up the Steering Committee on Housing and Construction Finance to promote the country&#039;s housing\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/sbp-forms-committee-to-promote-housing-finance-in-pakistan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP forms committee to promote housing finance - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The State Bank of Pakistan (SBP) on Tuesday set up the Steering Committee on Housing and Construction Finance to promote the country&#039;s housing\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sbp-forms-committee-to-promote-housing-finance-in-pakistan.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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