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Article Author: HBL and Akhuwat ink strategic MoU to provide affordable housing to masses
Media Source: Pakistan Today
Date: 4 March 2021
In Lahore, Pakistan, Habib Bank Limited (HBL) and Akhuwat have signed a Memorandum of Understanding (MoU) to roll out a programme that will provide housing finance facilities to applicants identified by Akhuwat. Through this MoU, Akhuwat will not only recommend the individuals but will also oversee the construction of houses for…
In Lahore, Pakistan, Habib Bank Limited (HBL) and Akhuwat have signed a Memorandum of Understanding (MoU) to roll out a programme that will provide housing finance facilities to applicants identified by Akhuwat. Through this MoU, Akhuwat will not only recommend the individuals but will also oversee the construction of houses for selected applicants. HBL is the first bank in Pakistan to have entered into this relationship with Akhuwat, which has a substantially large client base and network to reach out to people across the country. This project will uplift the lives of millions of people in the Pakistan and is in line with the Government of Pakistan’s vision of providing affordable housing units.