State Bank Reduces Auto Financing Loan Tenure
State Bank of Pakistan (SBP) has reduced the consumer financing tenure for vehicles as the country battles a bulging import bill.
State Bank Reduces Auto Financing Loan Tenure Read MoreTag: Car financing
Car Financing Costs will Haunt You
The cost of new car financing will haunt you for sure, how many of you can afford?
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Car Financing Beginning to Slow Down
After hitting a record high, car financing in Pakistan is beginning to slow down due to rising car prices, contracting purchasing power of consumers and discouraging auto finance policies introduced by the State Bank to mitigate the swelling trade deficit.
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Car Sales to Slow Down Due to Auto Financing Restrictions
Sales of new cars in Pakistan are expected to witness another speed bump as State Bank of Pakistan (SBP) has recently made changes in prudential regulations and reduced the auto financing limit and period, on the back of inflated trade and current account deficits.
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SBP Puts Restrictions on Financing of Imported Vehicles
State Bank of Pakistan (SBP) has made changes in prudential regulations and reduced the financing limit and period, particularly for imported vehicles on the back of inflated trade and current account deficits
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Car Financing Hit Record High
Car financing has reached a record high of Rs 308 billion as of June 2021, witnessing a 3.6% month-on-month increase and 46% on year-on-year basis as per the data released by the State Bank of Pakistan (SBP).
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Meezan Bank and Regal Automobiles Enter into Strategic Alliance for Shariah-Compliant Car Financing Solutions
Meezan Bank, Pakistan’s leading Islamic bank and the Best Bank in Pakistan, has recently signed a Memorandum of Understanding with Regal Automobile Industries Limited to provide exclusive Shariah-compliant financing solutions and value-added services to its customers.
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Meezan Bank Signs Agreement with Hyundai-Nishat
Meezan Bank, Pakistan’s pioneering Islamic bank and Hyundai Nishat Motor (Private) Limited, a joint venture between three leading international business; …
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