SBP Poised to Re-Evaluate Auto-Financing Cap Amidst Recovery in Auto Financing Market
KARACHI, December 09 2024: The State Bank of Pakistan (SBP) is considering a re-evaluation of the Rs3 million cap on auto financing, following recent positive trends in the auto financing sector. After a prolonged period of decline over 26 consecutive months, auto financing numbers have shown month-on-month (MoM) growth for the past two months. This…