Pakistan Mortgage Refinance Company (PMRC) participated in a webinar on Climate-Smart, Low-Income Housing in Pakistan organized by Karandaaz Pakistan.
Muhammad Shahzad Khan, Head of Business & Products of PMRC being a panelist in the webinar, expressed his views on the challenges of issuing Mortgage-Backed Securities in the capital market and bankable financing structure for prefabricated houses.
PMRC arranged and hosted a roundtable meeting at its Office on November 1, 2022, which was attended by the World Bank Mission and representatives of Partner Financial Institutions (PFIs), to review and discuss progress on expansion of low-income housing. During the meeting, participants not only provided invaluable suggestions for growth of mortgage market, but also emphasized the need of extending special housing finance facilities to flood affectees.
PMRC participated in 8th Asian Mortgage Market Association (ASMMA) meeting held on 22 September 2022 in Malaysia. The meeting was organized to update milestones achieved by members of ASMMA (Members) during the year and to exchange ideas and experiences with a view to promote housing finance market in respective countries.
PMRC and Cagamas Berhad entered into a strategic alliance as they signed a Memorandum of Understanding to strengthen their cooperative relationship, explore solutions to issues of mutual interest and exchange relevant information on policies, research, and programming in this field.
The signing ceremony was attended by several prominent personalities from both sides, with Mudassir H. Khan – CEO PMRC, and Chung Chee Leong – CEO Cagamas Berhad as the key signatories.
PMRC organized a Business & Products Training Session for the staff on 24th September 2021. The session focused on the role of PMRC for the development of mortgage markets, PMRC products & features and the organization’s achievements.
The Inauguration Ceremony was held when we shifted to our new workplace to celebrate the new office space and make the transition easier.
