New board of HBFC being setup: Dar
Finance Minister Ishaq Dar says a new board of House Building Finance Cooperation is being appointed in line with the announcement made in the budget.
This he said at a meeting with Governor State Bank Ashraf Wathra in Islamabad today.
He said the institution will be reformed and restructured to make it a vibrant financial body with robust balance sheet.
Dar said similarly new management has been appointed to head Zarai Taraqqiati Bank Limited.
He said the government has already notified enhancement of agriculture credit availability of 500 billion rupees to farmers through State Bank of Pakistan's arrangement with complete participation by ZTBL.