HBFC signs MoU to provide financing

HBFC will provide Byco employees mortgage finance facilities across Pakistan on preferential terms and conditions


Our Correspondent October 16, 2020

Byco Petroleum has entered into an alliance with the House Building Finance Company. At a signing ceremony, Byco Vice President Saeed Baig said, “The greatest asset of the company is its employees. The partnership will enable Byco’s team to achieve their dream of home ownership.” Under the memorandum of understanding (MoU) signed, Byco’s employees will be able to acquire their own home through mortgage finance facilities provided by HBFC. It will facilitate employees of Byco who wish to purchase homes but lack the capital outlay required to do so. HBFC - the prime housing finance institution of the country - will provide Byco employees mortgage finance facilities across Pakistan on preferential terms and conditions.

Published in The Express Tribune, October 16th, 2020.

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