HBFC signs MoU

HBFC signs MoU with Wavetec Ltd

F.P. Report

KARACHI: MoU signing ceremony was recently held between House Building Finance Company (HBFC) & Wavetec (Pvt.) Ltd. The MoU was signed by Mr. Faisal Murad, Group Head Business & Operations – HBFC & Mr. Asif Siddiqi, Head of Finance – Wavetec, in the presence of senior executives of both the organizations.

Through this corporate arrangement, HBFC will facilitate the employees of Wavetec to avail housing finance facility across Pakistan on preferential terms & conditions.

House Building Finance Company Limited (HBFC) is the prime housing finance institution of the country, providing affordable housing solutions to primarily low and middle income groups of population by encouraging new construction in affordable housing sector.

It is anticipated that this collaboration will turn out to be a win : win situation for both the organizations as HBFC’s customer base will further increase & Wavetec will be able to create additional value for its staff by providing them customized housing finance facility through its platform.

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