Meezan Bank approves over Rs31bn under Ghar Ho Tu Apna housing finance programme
Meezan Bank has sanctioned more than Rs31.45 billion for 4,424 housing‑finance applications under the government’s Wazir‑e‑Azam Apna Ghar (GHTA) scheme.
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Desk Analysis
How This Affects the Exchange
Sector Effect
Positive · Buy bias
Banks sector gains from Rs31bn housing‑finance approval; Buy bias on Meezan Bank.
Sectors & Direction
Desk read
Desk call: Buy bias · Positively affected
- BanksPositively affected
Companies
Companies Mentioned
- MEBL· Positively affected · Buy bias
Mentions in This Briefing
Sectors: Banks — Positive · Buy bias. PSX tickers: MEBL. Banks sector gains from Rs31bn housing‑finance approval; Buy bias on Meezan Bank.
Full Story
Open on Business Recorder## Overview
Meezan Bank, one of Pakistan’s leading Islamic commercial banks, announced that it has approved housing‑finance facilities totaling Rs31.45 billion for 4,424 applicants under the Government of Pakistan’s Wazir‑e‑Azam Apna Ghar Programme – Ghar Ho Tu Apna (GHTA).
## Programme Details
The GHTA scheme, launched by the Ministry of Housing and Works, aims to boost home ownership by providing low‑cost, long‑term financing to eligible families. Meezan Bank’s participation is part of a broader banking sector effort to channel government‑backed subsidies and guarantees to the housing market.
## Financial Impact
The approved loan book represents a significant pipeline for the bank, with disbursements expected to continue as borrowers complete documentation and meet eligibility criteria. The bank expects the new housing‑finance portfolio to contribute to its net interest income growth for the current fiscal year.
## Market Reaction
Analysts view the approval as a positive signal for the banking sector, especially for institutions with strong Islamic finance capabilities. The sizeable financing volume underscores confidence in the government’s housing push and may encourage other banks to expand their participation.
## Outlook
Meezan Bank plans to monitor the disbursement schedule closely and will report further updates on actual loan uptake in its upcoming quarterly results. The bank’s strong Shariah‑compliant product offering positions it well to capture additional market share in the housing‑finance segment.