Auto financing in Pakistan rises 12% in April

May 19, 2025 (MLN): Automobile financing in Pakistan has increased by 11.72% to Rs257.36bn, compared to the same period last year when the figure for financing was reported at Rs235.69bn.

On a sequential basis, the auto financing inched up by 2.31% MoM compared to Rs257.36bn recorded in March 2025, according to the latest data released by the central bank.

Going by the data provided by the State Bank of Pakistan (SBP), consumer financing for house building stood at Rs201bn by the end of April 2025, down by 2.39% YoY.

Month-wise, the financing for house building has increased by 0.79% compared to Rs199.43bn incurred in the previous month.

Meanwhile, financing for personal use clocked in at Rs268.29bn, up by 12.68% YoY and 0.23% MoM.

Thereby, the overall credit disbursed to consumers registered a rise of 11.11% YoY to clock in at Rs891.81bn. Compared to the credit of Rs873.75bn in the previous month, consumer financing has recorded a 2.07% MoM rise.

The data released by the central bank further showed that outstanding credit to the private sector rose 13.17% YoY to Rs9.49tr in April 2025.

On a sequential basis, private sector loans reported a rise of 0.02% MoM compared to the credit of Rs9.48tr in March.

Under the credit to the private sector, the loans to the manufacturing sector clocked in at Rs5.37tr in the review period, up by 11.68% YoY while down 1.06% MoM.

The borrowing from the construction sector stood at Rs216.26bn in April, up by 10.36% YoY and 1.64% MoM.

Going forward, the data further shows that loans to the agriculture, forestry, and fishing sectors rose to Rs461.15bn in the month under review, up by 19.09% YoY, and on a sequential basis, the loans to the same sector recorded growth of 0.16% MoM.

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