House Building Finance Corporation Limited (HBFC) makes record recovery in 2009 9647 10270 PakRealEstateTimes.Com

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House Building Finance Corporation Limited (HBFC) makes record recovery in 2009

02-04-2010, 08:36 AM

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House Building Finance Corporation Limited (HBFC) makes record recovery in 2009

ISLAMABAD: House Building Finance Corporation Limited (HBFC) recovered Rs 3.527 billion against a target of Rs 3.317 billion for the year 2009. The Rs 3.527 billion recoveries of loans was 9.5 percent and 8.4 percent higher than 2008 and 2007 respectively, said a press release issued on Wednesday. It dubbed this achievement landmark, adding that timely recovery of loans was directly linked to the HBFC’s ability to give fresh housing loans to the low and middle-income borrowers. staff report

http://dailytimes.com.pk/default.asp?pag...010_pg5_12

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