Housing finance

SBP intends to improve housing, construction financing to 1% of GDP from current 0.2%

Move comes after demand for Islamic financing soars in housing sector

State Bank of Pakistan tells banks to raise housing loan portfolio to 5% of private sector credit

Easing of rules will help enhance bank financing for youth, consumers

Governor Baqir chairs meeting, discusses housing projects and way forward

Encourages banks to view such financing as opportunity to broaden balance sheet

Expert says higher tax burden weighs on investor confidence

Amounts to Rs62.96 billion at the end of March, YoY increase equals 15.4%

Amounts to Rs60.8b at end of December, up 4.7%

Former HBFC chairman says Pakistan needs more housing banks

Country is short of more than 8m units, backlog growing fast due to low supplies