New Pakistan Housing Program: How loans will be provided
Lahore, 22nd October: Briefing the Prime Minister on how loans will be provided under the New Pakistan Housing Program. Baaghi TV: A weekly meeting of the National Coordinating Committee for Housing, Construction and Development was held under the chairmanship of Prime Minister Imran Khan. The heads of National Bank, Allied Bank, Meezan Bank, Bank Al Habib, Habib Bank and Bank of Punjab briefed the Prime Minister about the provision of loans under the New Pakistan Housing Program. The meeting was informed that the process of obtaining loans has been simplified and in this regard, separate desks have been set up in the branches. Private banks will provide loans under both Islamic and traditional banking. The heads of the banks assured the government of their full cooperation in promoting the construction sector and making it easier for the poor to make their home. They paid tribute to the Prime Minister and the government’s economic team for the steps taken by the business community, including banks, in the wake of the Corona epidemic. The meeting was further informed that technology is being used to shorten the process of disbursement of loans so that the data of the borrowers can be verified quickly. … Continue reading New Pakistan Housing Program: How loans will be provided
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