ISLAMABAD: Automobile financing expanded 34 percent in Pakistan in August 2026 on yearly basis. In monetary terms, the automobile financing surged to Rs393.4 billion last month.
According to State Bank of Pakistan data, the auto financing reflected a minor growth in August in comparison with July 2026. Car financing stood at Rs 386 billion in July, while the August figure increased 33.77% compared with Rs 294 billion recorded a year earlier.
House financing posts strong growth
Consumer financing for house building reached Rs 315 billion by the end of August, showing 49.45% year-on-year growth. On a monthly basis, house financing increased 10% from Rs286 billion recorded in July.
Meanwhile, financing for personal use stood at Rs296.68 billion during August. The figure increased 12.61% year-on-year but declined 0.51% from the previous month. Overall consumer credit reached Rs1.23 trillion in August, representing a 30.37% year-on-year increase.
Compared with Rs1.19 trillion in July, consumer financing also rose 3.52% month-on-month.
Private sector credit reaches Rs10.91tr
The central bank data showed that outstanding credit to the private sector increased 15.01% year-on-year to Rs10.91 trillion in August. On a monthly basis, private sector borrowing edged up 0.09% from Rs10.9 trillion in July. Loans to the manufacturing sector reached Rs5.72 trillion during the review period, rising 11.34% year-on-year but falling 1.2% month-on-month.
Meanwhile, construction sector borrowing stood at Rs222.33 billion, showing annual growth of 3.96% and monthly growth of 0.05%. Loans to agriculture, forestry and fishing rose to Rs687.86 billion in August, increasing 33.51% year-on-year and 0.94% month-on-month. The data indicates broad growth across several consumer and private-sector financing categories during the month.
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