Zameen.com Signs MoU with Bank Alfalah to Support Housing and Developer Financing

January 26, 2021
Share this Post: 

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.

January 26, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Homely Financial Results
Australian Portal Homely Records 16% More Enquiries in 2023

Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...

Read More
Yandex Q1 Strong Performance From Divested Assets
Yandex Q1 2024: Net Losses for Remaining Assets After Large Scale Divestments

Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...

Read More
Rent.com .Au Q3 Revenus Up
Rent.com.au Q3 2024 Financial Statement: Record Quarterly Revenues of A$890,000

The rental portal operator Rent.com.au has released a report on its activities for Q3 of the Australian financial year. Highlights...

Read More
Schibsted Q1 Group Revenues Down Classifieds Revnues Up
Schibsted Revenues Down Slightly YoY in Q1 Filings

Schibsted, the Norwegian conglomerate that operates marketplaces in the Nordics, Europe and Latin America, has released its Q1 2024 numbers...

Read More