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.
Hello there I am so delighted I found your webpage, I really
found yoou by mistake, while I was researching on Yahoo for sokething else, Regardless I aam here now
and would just like to say many thanks for a marvelous post and a all round
enjoyable blog (I apso love the theme/design), I don’t have time to reaad
through it all at the munute but I have bookmarked it and also added in your RSS feeds, so when I have time
I will be back tto read a great deal more, Please do keep
up the fantastic job.
web page
Hi, after reading this remarkable post i am as well happy to share
my familiarity here with colleagues.
I all the time used to read paragraph in news papers but now as I am a user of net so from now I am using net for articles or reviews, thanks to web.
Hello Dear, are you truly visiting this web page regularly, if
so after that you will absolutely get pleasant experience.
I’m not that much of a internet reader to be honest but your sites really nice, keep it up!
I’ll go ahead and bookmark your website to come back later.
Cheers
Its such as you learn my mind! You seem to understand a lot about this,
such as you wrote the book in it or something. I
believe that you simply can do with a few p.c.
to force the message home a little bit, but other than that, this is excellent blog.
A great read. I will definitely be back.
My spouse and I stumbled over here different web
page and thought I might as well check things out.
I like what I see so i am just following you.
Look forward to looking at your web page yet again.
在线博彩
Hi friends, its impressive paragraph regarding educationand fully
explained, keep it up all the time.
Write more, thats all I have to say. Literally, it seems as though
you relied on the video to make your point. You obviously know what youre
talking about, why waste your intelligence on just posting videos to your weblog when you could be giving us something informative to
read?