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.
Why viewers still make use of to read news papers when in this technological world all is accessible on net?
Skinception is a fantastic Skin Cell Renewal option.
Here is my web site – Bookmarks
skinception dermefface fx7 opinie is a wonderful
Skin Cell Revival remedy.
Installing effuel reviews car and driver ECO OBD2 is
not made complex.
I enjoy what you guys are up too. This type of clever work
and coverage! Keep up the terrific works guys I’ve added you guys to our blogroll.
You really make it seem so easy with your presentation but
I find this matter to be really something that I think
I would never understand. It seems too complicated and extremely
broad for me. I’m looking forward for your next post, I
will try to get the hang of it!
Appreciate the recommendation. Let me try it out.
skinception dermefface fx7 is a wonderful Skin Cell Revival option.
I know this if off topic but I’m looking into starting
my own blog and was curious what all is required
to get set up? I’m assuming having a blog like yours would cost a pretty penny?
I’m not very internet smart so I’m not 100% certain.
Any tips or advice would be greatly appreciated. Thanks
If you desire to obtain much from this article then you have
to apply such techniques to your won website.