{"id":75822,"date":"2021-04-28T12:37:05","date_gmt":"2021-04-28T07:37:05","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=75822"},"modified":"2021-04-28T12:37:11","modified_gmt":"2021-04-28T07:37:11","slug":"housing-construction-finance-up-by-a-historic-36-sbp","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/housing-construction-finance-up-by-a-historic-36-sbp.html","title":{"rendered":"Housing, construction finance up by a \u2018historic\u2019 36%: SBP"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) on Tuesday has announced that housing and construction finance has registered a \u2018historic\u2019 growth of 36% growth during the fiscal year (FY 2020-21), according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/sbp-develops-mechanism-for-markup-subsidy-scheme.html\"> <\/a><a href=\"https:\/\/www.zameen.com\/news\/sbp-develops-mechanism-for-markup-subsidy-scheme.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP develops mechanism for markup subsidy scheme<\/a><\/p>\n\n\n\n<p>The said statement was released jointly by the central bank and Pakistan Banks\u2019 Association (PBA), in which the institutions highlighted their efforts to encourage growth and create awareness about the best use of the incentives announced by the government, banks and SBP.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-launches-five-year-plan-for-islamic-banking-sector.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP launches five-year plan for Islamic banking sector<\/a><\/p>\n\n\n\n<p>Reportedly, <a href=\"https:\/\/www.zameen.com\/news\/sbp-amends-regulations-to-aid-the-housing-sector.html\" target=\"_blank\" rel=\"noreferrer noopener\">housing<\/a> and construction finance has been climbing noticeably at a steady momentum. \u00a0As per the data shared, the housing and construction finance portfolio has spiked to PKR 202 billion in March 2021 from PKR 148 billion recorded at the end of June 2020. There is a 36% increase in three-quarters of FY 21 when compared with the stagnant figures of the corresponding period last year. The statement further read that such growth in housing finance has never been witnessed previously.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) on Tuesday has announced that housing and construction finance has registered a \u2018historic\u2019 growth of 36% growth during the fiscal year (FY 2020-21), according to news sources. Read: SBP develops mechanism for markup subsidy scheme The said statement was released jointly by the central bank and Pakistan Banks\u2019 Association (PBA), in which the institutions highlighted their efforts to encourage growth and create awareness about the best use of the incentives announced by the government, banks and SBP. Read: SBP launches five-year plan for Islamic banking sector Reportedly, housing and construction finance has been climbing noticeably at a steady momentum. \u00a0As per the data shared, the housing and construction finance portfolio has spiked to PKR 202 billion in March 2021 from PKR 148 billion recorded at the end of June 2020. There is a 36% increase in three-quarters of FY 21 when compared with the stagnant figures of the corresponding period last year. The statement further read that such growth in housing finance has never been witnessed previously.<\/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":[15016,15017],"tags":[45820,25893,21853],"persona":[],"class_list":{"0":"post-75822","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-housing-construction-finance-up-by-a-historic-36","10":"tag-pakistan-banks-association-pba","11":"tag-state-bank-of-pakistan-sbp","12":"cat-15016-id","13":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Housing, construction finance up by a \u2018historic\u2019 36% - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The State Bank of Pakistan (SBP) on Tuesday has announced that housing and construction finance has registered a \u2018historic\u2019 growth of 36% growth\" \/>\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\/housing-construction-finance-up-by-a-historic-36-sbp.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing, construction finance up by a \u2018historic\u2019 36% - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The State Bank of Pakistan (SBP) on Tuesday has announced that housing and construction finance has registered a \u2018historic\u2019 growth of 36% growth\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/housing-construction-finance-up-by-a-historic-36-sbp.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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