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.
The only real eating regimen in the face of
the earth.
http://www.sjeffect.com/refer.php?ctype=S&url=https://www.thecryptonewsweb.com
Nice post. I was checking constantly this weblog and I’m inspired!
Very useful info particularly the remaining phase :
) I take care of such information much. I used to be
seeking this certain information for a very lengthy
time. Thanks and best of luck.
I’m not that much of a online reader to be honest but your
blogs really nice, keep it up! I’ll go ahead and bookmark your site to come back down the road.
Cheers
It’s a pity you don’t have a donate button! I’d most certainly donate to
this superb blog! I guess for now i’ll settle for book-marking and adding your RSS feed to my Google account.
I look forward to fresh updates and will talk about this blog with my Facebook group.
Chat soon!
Hello, I think your website migtht be having browser ompatibility issues.
Wheen I look att your blog site iin Safari, it loois
finje but when opening in Internet Explorer, it has some overlapping.
I just wanted to give you a quicck heads up! Other
tnen that, very good blog!
I’ve been surfing online more than 3 hours today, yet I
never found any interesting article like yours.
It is pretty worth enough for me. In my view, if all web owners
and bloggers made good content as you did, the
internet will be a lot more useful than ever before.
Roczniki Panstwowego Zakladu Higieny, sixty three(1):9-15.
I do not know if it’s just me or if everyone else
encountering problems with your website.
It appears as if some of the text in your content are running off the screen. Can somebody else please comment and let me know if this is happening
to them too? This may be a issue with my web browser because I’ve had this happen before.
Thanks
Very good post! We will be linking to this great post on our website.
Keep up the great writing.