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HomeBusinessFINANCIAL MILESTONE: HBFC'S RECENT ACHIEVEMENTS UNDER THE SPOTLIGHT

FINANCIAL MILESTONE: HBFC’S RECENT ACHIEVEMENTS UNDER THE SPOTLIGHT

Islamabad: Federal Minister for Privatisation Mr. Fawad Hasan Fawad ne House Building Finance Company Limited (HBFC) ki management ke saath aik meeting chair ki.

CEO HBFC, Mr. Imran Ahad, ne Mr. Fawad ko company ki recent performance, immediate and short-term plans per information provide kin.

Company ne apni financial health mein numaya tabdili dekhi hai, jo k haal hi mein credit rating ko two scales se upgrade hokar AA(-) tak pohnch gayi.

HBFC ne total 18 billion Rupees ka portfolio jari kia hai jisme 14,000 active borrowers shamil hain.

Is waqt, iski market share sirf 0.03% hai, lekin isme India aur Bangladesh jese ilaqon se kai gunaa growth potential ki consideration hai.

Decide hua he ke immediate steps lene ki zarurat hai jo Government ko privatization mein is me Pre-profit fundamentals ke taur par hasil ho sakte hen, magar is per limitations nahi, iski real estate assets ko residential se commercial mein tabdeel karna, aur HR reforms, khaas tor par pension portfolio ko clear karna, jabke workers ko market-based wage system mein laana.

Yeh bhi agreeable hoa ke tamaam zaroori kaam 15 December, 2023 tak, Financial Advisory and Trade Commission ke Secretary ke Counseling mein pura kiya jaye ga.

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