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.
I am not sure where you’re getting your info, but great topic.
I needs to spend some time learning more
or understanding more. Thanks for fantastic information I was looking for this info for
my mission.
I will immediately grasp your rss as I can not in finding your email subscription hyperlink or
newsletter service. Do you’ve any? Kindly permit
me understand in order that I may just subscribe. Thanks.
Hmm is anyone else having problems with the images on this blog
loading? I’m trying to find out if its a problem on my end or if it’s the
blog. Any feedback would be greatly appreciated.
Hello! I just would like to give you a huge thumbs up for your
excellent information you’ve got right here on this post.
I will be returning to your blog for more soon.
This is very fascinating, You’re an excessively
skilled blogger. I have joined your feed and look ahead to in quest of extra of your
great post. Also, I’ve shared your website in my social networks
I just like the helpful info you provide in your articles.
I’ll bookmark your blog and test once more here regularly.
I’m quite sure I’ll learn lots of new stuff proper right here!
Best of luck for the following!
It’s going to be end of mine day, but before ending I am reading
this great article to increase my knowledge.
Hi, I desire to subscribe for this webpage to get most recent updates,
so where can i do it please assist.
Ahaa, its pleasant conversation about this paragraph here at this blog,
I have read all that, so now me also commenting here.
This website truly has all the information and facts
I needed concerning this subject and didn’t know who to ask.