Tag Archives: Car loans hit record high of Rs308bn in FY21

KARACHI: Low interest rates and buyers’ enthusiasm for locally-assembled cars have taken auto financing to a historic high of Rs308 billion as of June 2021, up by 3.6 per cent month on month and 46pc since June 2020, shows the data released by the State Bank of Pakistan on Monday. The total car financing saw a jump of Rs97bn compared …

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