LAHORE: Pakistan Banks’ Association (PBA) on Tuesday entered into a strategic partnership with a consortium of leading financial services and technology businesses to improve access to finance for low-income segments of the population currently excluded from traditional housing finance. The consortium, comprising Credit info Group, Tasdeeq, Pakistan Credit Rating Agency (Pacra) and Analytics will work together to develop solutions for PBA to streamline risk assessments.
“Starting with low-cost housing financing, we hope to be able to put this model to use for other products in consumer lending,” said PBA CEO Tawfiq Husain.
Published in Dawn, October 27th, 2021
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