Karachi, June 02, 2021: The State Bank of Pakistan (SBP) on Wednesday announced favorable changes in the ‘Basel Capital Adequacy’ framework for the Real Estate Investment Trusts (REITs).
These changes will allow banks to book greater exposure in REITs, facilitate the development of Housing Finance as well as Capital Market in the country.
REIT Management companies in Pakistan had submitted their recommendation to the State Bank earlier this year. Now, banks’ investment in REITs will require them to set aside less capital against risk emanating from this investment activity, which is being described as a positive development by the senior bankers.
Moreover, their investment in REITs shall now be categorized in the “Banking Book” instead of “Trading Book”.
REITs are a quintessential instrument for the government to achieve documentation, transparency and promote real estate development in the country. Effective participation by banking companies will support this structure and provide confidence to the market.
The REIT Management Companies are thankful to the SBP and consider this as an important milestone towards the development of REIT industry in Pakistan.
It’s an remarkable article in favor of all the
online people; they will obtain benefit from it I am sure.
Pretty nice post. I just stumbled upon your blog and wanted to say that I’ve truly
enjoyed surfing around your blog posts. After all I’ll be subscribing to your feed and
I hope you write again very soon!
We’re a gaggle of volunteers and opening a brand new scheme in our community.
Your web site offered us with helpful information to work on. You’ve done a
formidable task and our whole community shall be thankful to you.
Hello, yеah this piece of ԝriting is truly fastidious and I hɑve learned lοt of tһings
froim iit about bl᧐gging. thanks.
my homepage … video bokep indonesia 2021
What’s up it’s me, I am also visiting this site regularly, this website is really fastidious and the people are genuinely
sharing nice thoughts.
I don’t know whether it’s just me or if everybody else experiencing
problems with your website. It looks like some of the written text within your content
are running off the screen. Can somebody else please provide feedback and let me know
if this is happening to them too? This may be a issue with my browser because I’ve had this happen previously.
Kudos
Hello, Neat post. There’s an issue with your web
site in web explorer, may check this? IE nonetheless is the marketplace chief and a good element of
people will miss your excellent writing due to this problem.
สล็อต monster
Thanks for finally talking about > SBP’s Regulatory-support For ‘Real Estate
Investment Trusts’ By Narratives Web Desk | Of Daily Narratives | Narratives Magazine < Loved it!
First and foremost allows clarify what is actually
meant through Three-dimensional printing, properly in a nut shell it is a way of making items
developed on personal computer, for instance if you
made a mug making use of computer aided design, within a few hours you might possess the actual
trait partaking face of you. It is actually achievable to watch your quite developments revive in accurate Star Expedition fashion trend, just before your quite eyes.
An impressive share! I have just forwarded this onto a co-worker who was doing a little
homework on this. And he actually bought me breakfast due to the
fact that I stumbled upon it for him… lol. So let me reword this….
Thanks for the meal!! But yeah, thanx for spending some
time to talk about this subject here on your website.