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Monday, December 23, 2024

Home Business SECP licensed 3 new housing finance companies

SECP licensed 3 new housing finance companies

by News desk
July 8, 2021
in Business

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Staff Report
Islamabad

The Securities and Exchange Commission of Pakistan has licensed three new Housing Finance Companies during the fiscal year ended June 30, 2021.

SECP believes that a revitalized HFC sector will contribute in catering the huge demand of affordable housing finance in the country.

The newly licensed HFCs include Pakistan Housing Finance Company Limited, Trellis Housing Finance Company Limited and Asaan Khar Finance Limited. Prior to that, there has been no licensed HFC in existence, for the past one decade.