KARACHI: Pakistan’s auto loan sector just clocked its 11th straight month of growth, surging to Rs315.4 billion by October-end—a 3.4% leap from September’s Rs305 billion, fresh State Bank of Pakistan data reveals.
The rally rides the policy rate crash from 22% to 11% since June 2024, with banks now dangling sub-10% financing and small-car fever fueling demand. Yet the sector remains caged below its June 2023 peak of Rs368 billion.
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