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.
Great article, just what I wanted to find.
This piece of writing presents clear idea designed for the new users of blogging, that truly how to do running a blog.
Tremendous issues here. I am very satisfied to see your article.
Thanks so much and I am taking a look ahead to touch you.
Will you please drop me a mail?
My web-site: vtc nice aeroport
taxi taxi airport taxi nice airport post.
I was checking constantly this weblog and I’m impressed! Extremely helpful information particularly the ultimate part
🙂 I deal with such information much. I was looking for
this particular info for a very long time. Thank you and best of luck.
Very good blog! Do you have any hints for aspiring writers?
I’m hoping to start my own site soon but I’m a little lost on everything.
Would you propose starting with a free platform like WordPress or go
for a paid option? There are so many choices out
there that I’m completely overwhelmed .. Any recommendations?
Bless you!
Oh my goodness! Incredible article dude! Many thanks, However I
am experiencing difficulties with your RSS. I don?t
understand why I cannot join it. Is there anybody having
similar RSS problems? Anyone that knows the solution can you kindly respond?
Thanks!!
Stop by my web site … us top 40 songs
Fantastic goods from you, man. I have understand your stuff previous to and you are just too great.
I really like what you have acquired here, really like what you’re stating and
the way in which you say it. You make it enjoyable and you still take care of to keep
it smart. I cant wait to read far more from you. This is really a terrific web site.
You are so interesting! I do not believe I have read something like this before.
So nice to find another person with unique thoughts on this topic.
Seriously.. many thanks for starting this up.
This site is something that is required on the web, someone with a little originality!
Hi there, just became alert to your blog through
Google, and found that it’s truly informative. I’m going to watch out
for brussels. I will be grateful if you continue this in future.
Many people will be benefited from your writing. Cheers!
My partner and I stumbled over here different page and thought I should check things out.
I like what I see so i am just following you.
Look forward to looking into your web page again.