HBFC


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HBFC

(organic chemistry)
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The review petition said that for the same reason and owing to his capabilities, he was first appointed as MD/chairman HBFC and later chairman ETPB on merit keeping in view his capabilities.
1) NBFIs also include four specialised banks and HBFC.
The hearing heard Cllr Sergeant failed to declare he was then vice chair at HBFC during two parish council meetings to discuss Leylandii trees that had been felled at the club's sports ground, in March 2003.
Minister of State for Finance Rana Mohammad Afzal said the HBFC was bankrupt as loans were not being repaid by the borrowers.
Addressing a post-budget press conference here, the minister said in order to give relief to the widows, loan from Rs 250,000 to Rs 300,000 since 1999 will be writ off from widows and the matter had been discussed with the HBFC.
Another major problem for the industry is low housing financing by HBFC, he said, adding that it has, on one hand, hampered the construction activities, and on the other, a number of industries like steel, pipes, tiles, cables and numerous others have either closed down or have curtailed their production, thus drastically cutting down the revenue of the exchequer.
In view of this, resolution programs are being implemented for these institutions: the SME Bank is being privatized, the HBFC restructured prior to privatization and the IDBP is being incorporated as a public company and will be available for sale.
Cllr Sergeant is to face a disciplinary Standards Board hearing in Ormskirk today after he failed to reveal he was then vice-chair of HBFC, at two parish council meetings on March 10 and 31.
A consortium of private builders and developers has recently launched the low-cost housing schemes under the supervision of Association of Builders and Developers of Pakistan (ABAD) for the low and middle-income groups in Pakistan that are partially being financed by the World Bank and HBFC.
He announced revival of the scheme launched by PML (N) government in 1999 envisaging payment of all dues of HBFC mortgage by the widows.
The annual disbursement of HBFC loans shall be enhanced from the Rs1.