Auto financing surges in Pakistan as SBP releases latest data

Auto financing surges in Pakistan as SBP releases latest data

Business

The latest figures suggest renewed momentum in the auto market despite economic challenges, supported by easing inflationary pressures and gradual stability in interest rates.

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KARACHI (Dunya News) – The State Bank of Pakistan (SBP) has released fresh figures showing a sharp rise in auto financing across the country, indicating increased consumer demand and market activity in the automotive sector.

According to the data, auto financing in Pakistan has accelerated significantly over the past year, with the total volume rising to Rs315 billion. This marks a substantial increase from Rs236 billion recorded in October 2024.

The SBP report highlights that auto financing grew by 33.7 percent year-on-year, reflecting improved lending activity and a stronger appetite for vehicle purchases. Month-on-month data also shows an upward trend, as auto financing rose by 3.5 percent in October 2025 compared to September 2025.

The latest figures suggest renewed momentum in the auto market despite economic challenges, supported by easing inflationary pressures and gradual stability in interest rates.