SBP prohibits bank loans for imported vehicles

KARACHI: The State Bank of Pakistan (SBP) on Thursday amended regulations to prohibit financing for imported vehicles.  “The changes in the PRs effectively prohibit financing for imported vehicles,” the SBP said in a statement. According to the statement, the SBP had revised Prudential Regulations (PRS) for Consumer Financing. This targeted step will help to moderate … Continue reading SBP prohibits bank loans for imported vehicles