Corporate corner: HBFC, iTecknologi Group sign MoU 

A memorandum of understanding (MoU) was signed between the House Building Finance Company Limited (HBFC) and iTecknologi Group of Companies in August 2020, at a ceremony held in Karachi at iTecknologi head office.

According to the MoU, HBFC will facilitate the employees of iTecknologi to avail housing finance facilities across Pakistan on preferential terms and conditions.

The memorandum was signed by HBFC Group Head Business and Operations Faisal Murad and iTecknologi Group Head of Finance and Company Secretary Fahad Essani in the presence of senior executives of both organisations.

House Building Finance Company Limited (HBFC) is the prime housing finance institution of the country, providing financing facilities for the construction and purchase of houses through its deep-rooted and national footprint of 51 branches in 48 cities.

The institution has a unique distinction of being the first and the only housing finance institution in Pakistan that has combined the best of financing expertise, public welfare and commitment to excellence and innovation.