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13 March 2004 Saturday 21 Muharram 1425



PICIC offers Rs150m housing finance

By Our Staff Reporter


KARACHI, March 12: Pakistan Industrial Credit & Investment Corporation (PICIC) has entered into agreements with two cooperative societies to provide them more than Rs100 million housing finance.

The societies are (i) The Aga Khan Ismailia Charitable Trust and (ii) Gulshan-e-Fidai Multipurpose Cooperative Society.

PICIC has signed a third agreement for providing more than Rs50 million housing finance loan to Large Taxpayers Unit (LTU) of the Central Board of Revenue.

Managing Director of PICIC Muhammad Ali Khoja signed all the three agreements with the representatives of the borrowing entities on Friday, according to a press release.

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