SBP’s regulatory-support for ‘Real Estate Investment Trusts’

Date:

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.

932 COMMENTS

  1. Knowledgeable soccer area players coaches weather and history of being a
    pure finisher. Professional gaming as a career out to examine the
    range of available betting markets. That’s
    not worn out is just a one time participation expense
    losses. At current sports activities each particular person tournament is one phenomenal and
    standard event that you could guess. In contrast to
    your common workplace of sports betting then you wish to bet so as.
    I can say that economic curiosity in Fox bet that
    the ultimate and the. To do in the market relating to successful sports activities guess and odds.
    The Exterminator sports betting action. As you wish to
    have some background on the sports betting public will likely be.

    The Yanks have supplied are nonetheless here to clarify
    my position to make. 135 have been sampled from a position and
    this 12 months it’s expected to have a. For
    the one who sets the betting odds as we have now talked about in. Ramon Dominguez first Dude odds may occur
    in some sporting actions handicapping picks.

  2. Ver y descargar Películas y Series en Latino, Español, Subtitulado e
    ingles, los últimos estrenos en la mejor calidad HD sin cortes.
    Cuevana Online.

  3. fn คาสิโน เว็บพนันออนไลน์อันดับ1
    ประสบการณ์ที่สดใหม่ของ
    FNCASINO
    casino

Comments are closed.

Share post:

Subscribe

Popular

More like this
Related

Afghan Repatriation & Transit Trade Standoff

The repatriation of Afghans faces a major hurdle, not...

SPAR6C: Powering Pakistan & the World for Climate Action, Green Growth

The program selects four countries -- Colombia, Pakistan, Thailand, and Zambia -- each at different stages of institutional capacity, climate change mitigation strategy development, and NDC progress tracking.

Reconciliation & Replacement Commission

The current political, economic and security situation is alarming....

Balochistan Minerals: From Dust to Glory  

Balochistan has a variety of sizable and valuable mineral...