HBFCL becomes PUBLIC COMPANY

House Building Finance Corporation Limited is governed by the Companies Ordinance -1984, with an Authorized  Share Capital of Rs. 6.0 billion divided into 600 million ordinary shares of Rs.10 each. The Paid-up Capital is Rs. 3.001 billion divided into 300.1 million ordinary shares of Rs.10 each.

The company is a wholly owned by. Government of Pakistan with 62.5% ownership by the Ministry of Finance and the balance of 37.5% by the State Bank of Pakistan.

Azhar A. Jaffri, Chairman & Managing Director of HBFCL, in a meeting held at the Head Office of SBP, presented the share certificates to Syed Salim Raza, Governor State Bank of Pakistan.