PHAF, BoK sign agreement for Peshawar project

The agreement covers all government, semi-government and autonomous employees of the foundation

ISLAMABAD:

The Pakistan Housing Authority Foundation and the Bank of Khyber have signed an agreement to provide banking facilities for the housing society being built in Peshawar.

Under the agreement, Bank of Khyber (BoK) will provide banking services for Pakistan Housing Authority Foundation (PHAF) Islamabad employees of PHAF's Residencia in Sotezai area of Peshawar.

The agreement covers all government, semi-government and autonomous employees of the foundation.

Senior officials of PHAF Residencia and BoK attended the ceremony apart from the Housing and Works secretary, PHAF CEO Tariq Rashid and BoK National Banking Group Head Sher Muhammad. Both sides committed to not only make cheap housing possible but to make the entire process easy.

Published in The Express Tribune, October 20th, 2020.

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