Pakistan Auto Financing Reaches All-Time High Amid Rising Consumer Demand
Auto financing hits a record Rs369 billion in May 2026 as lower interest rates and improved vehicle availability boost car purchases across Pakistan.
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Tag: car financing
Pakistan Car Loans Experience Sharp 25.6% Decline
In a notable downturn, car loans in Pakistan plummeted to Rs251 billion in December 2023, marking a substantial 25.6% decrease compared to the same period in the previous year, as revealed by data from the State Bank of Pakistan (SBP).
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Mobilink Bank, Universal Motors sign financing deal
KARACHI: Mobilink Microfinance Bank Limited (MMBL) has signed a Memorandum of Understanding (MoU) with Universal Motors (Private) Limited for financing motor vehicles. The collaboration will facilitate MMBL Borrowers by allowing them to finance commercial vehicles from Universal Motors through subsidized offerings, according to a statement issued on Monday. President & CEO MMBL, Ghazanfar Azzam, and […]
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Meezan Bank, Regal Auto sign MoU for Sharia financing solutions
KARACHI: Meezan Bank, Pakistan’s leading Sharia compliant bank, has signed a Memorandum of Understanding (MoU) with Regal Automobile Industries Limited to provide exclusive Shariah-compliant financing solutions and value-added services to its customers. Arshad Majeed – Group Head Consumer Finance, Meezan Bank signed the MoU with Sohail Usman, Chairman, Regal Automobile Industries Limited – in Karachi, […]
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