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Browsing Tag
car loans
Auto financing in Pakistan is back on the road to recovery, showing steady growth as more people turn to banks to finance their vehicles. According to the latest data from the State Bank of Pakistan (SBP),…
SBP Lowers Interest Rate to 12% – What It Means for Car Financing
The State Bank of Pakistan's (SBP) recent decision to cut the policy interest rate to 12 per cent is a pivotal move that will ripple across Pakistan's economy, including the car financing sector.
With this…
Car Financing Sees 19th month consecutive decline
Pakistan's automobile financing sector has witnessed a significant downturn, with a staggering 25.82% year-on-year drop to Rs. 246.26 billion in January 2024, compared to Rs. 331.98 billion in January 2023.…
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