Licenses issued to 3 Housing Finance Companies in FY21

 8, July

SECP with the aim of revitalizing the housing sector via NBFC stream, has introduced number of initiatives which has resulted in procedural ease and better marketability of NBFC’s housing finance product.

The amendments have started attracting investors to the sector, which resultantly has brought forward three new entrants, who have been awarded license by SECP for rendering Housing Finance services.

SECP along with PMRC and World Bank has been running awareness campaign to highlight the opportunities for potential new entrants. With these steps, SECP aims to support the housing sector and play its part in materializing Government’s vision of Housing for All.

https://www.dawn.com/news/1633815

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