Zameen.com and Bank Alfalah have signed a Memorandum of Understanding (MoU) to offer housing and developer finance services to home hunters in the Pakistani market. The signing coincides with the Pakistani Government and the State Bank of Pakistan’s facilitation of the development of the housing sector within the country.
Under this agreement, Zameen.com and Bank Alfalah can combine their resources and offerings to reach a larger audience online, aimed specifically at potential property buyers and developers.
On the MoU, CEO Zameen.com Zeeshan Ali Khan said:
“With Bank Alfalah’s partnership, we will continue our endeavors to support consumers and uplift the country’s construction industry.”
CEO of Bank Alfalah, Atif Bajwa, commented:
“Bank Alfalah has added consumer finance and developer finance products to its ever-growing suite of products to support the country’s real estate industry and facilitate easy and convenient financing solutions.”
This isn’t the first time Zameen.com has entered such an agreement. Almost a year ago, Zameen.com and Allied Bank Unlimited signed to mediate home financing for consumers. This latest MoU proves the platform’s commitment to the Pakistani real estate market and its consumerbase.