Please
refer to Regulation R-6 of Prudential Regulations for
Corporate/Commercial Banking as amended from time to time.
2.
In order to facilitate development of Real Estate Investment
Trusts (REIT) in Pakistan, it has been decided that banks/DFIs’
investment in units of REIT shall not be counted towards
the aggregate investment limits of 30% and 45% of equity
of the banks and Islamic banks/DFIs respectively, prescribed
in the Regulation R-6 of Prudential Regulations for Corporate/Commercial
Banking.
3.
All other instructions on the subject shall, however,
remain unchanged.
4.
Please acknowledge receipt.