Tag Archives: Auto financing plunges for 20th straight month

KARACHI: Auto financing continued its downward trajectory for the 20th consecutive month, dropping to Rs242.9 billion in February 2024 from Rs246bn at the end of January. Car loans were at Rs325.8bn in February 2023. According to State Bank of Pakistan (SBP) data, the total decrease over the last 20 months amounted to Rs125bn, from Rs368bn at the end of June …

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