Regulatory Alerts2022-03-17
Added · Updated
Circular No. 5 of 2022 – Inclusion of Housing Finance Companies in Government Markup Subsidy Scheme
Housing Finance Companies (HFCs) licensed by the Securities and Exchange Commission of Pakistan are included as Executing Agencies under the Government Markup Subsidy Scheme for Housing Finance. This inclusion follows approval by the Economic Coordination Committee and ratification by the Federal Cabinet, as communicated by the State Bank of Pakistan. The status is subject to eligibility criteria, financial soundness assessments, regulatory monitoring requirements, and markup subsidy payment mechanisms prescribed by the Commission.