Circulars/Notifications / Infrastructure, Housing & SME Finance Department  

 IH&SMEFD Circular No. 02 of 2022
January 21, 2022

The Presidents/Chief Executives
All Banks

Dear Sir,


Mandatory Targets for Housing and Construction Finance

Please refer to IH&SMEFD Circular No. 10 dated July 15, 2020 on the captioned subject.

2. With a view to further promote housing and construction finance, banks are advised to increase their financing for housing and construction of buildings (Residential and Non-Residential) to at least 7 percent of their respective domestic private sector advances by December, 2022.

3. All other instructions on the subject shall remain unchanged.

Yours sincerely,

Sd/-

(Dr. Mian Farooq Haq)
Director

 
 
 

       
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