State Bank of Pakistan

The State Bank of Pakistan (SBP) has eased the import restrictions on several essential items including Completely Knocked Down (CKD). In a circular, the SBP stated that the central bank has decided to withdraw…

In another effort to curb the car imports and auto loan practice, State Bank of Pakistan has announced new time frame for the automotive financing. According to a notification, here are the revised conditions:…

After months of growth, the car finance segment is now slowing down. That’s because financing a car has become challenging for people. On one hand, cars are getting more and more expensive. On the other,…

For the past quite some time, Pakistani rupee is getting devalued against Dollar, and on Monday 11-12-2017 US Dollar saw an increase of PKR 3, climbing to Rs.110 creating panic in the local market. The purpose…

One of the reasons why our economy and automotive industry was flourishing during Musharraf era was that people had money to spend, banks were giving people money to spend on anything they wished to purchase…