Asian Secondary Mortgage Market Meeting 2023, Tokyo – Japan

On December 4th, the Pakistan Mortgage Refinance Company (PMRC) participated in the annual meeting of the Asian Secondary Mortgage Market Association (ASMMA) 2023 in Tokyo, Japan. The meeting was attended by representatives from mortgage refinancing organizations in Malaysia, Korea, Indonesia, Kazakhstan, the Philippines, Mongolia, Kyrgyzstan, and Uzbekistan. Mr. Mudassir Khan (MD/CEO) and Mr. Farrukh Zaheer (Head of Treasury & FI) represented PMRC at the annual meeting.

ASMMA is an association of secondary mortgage organizations in Asia where members are provided an opportunity to exchange information, ideas, views, experiences, and best practices in their respective countries. The Association of Asian Secondary Mortgage Organizations (ASMMA) is an informal non-profit organization open to all secondary mortgage corporations in Asia.

During the meeting, the participating companies shared their corporate structures, products, services, mortgage market overviews, and discussed issues related to green housing finance.

At the end of the meeting, Mr. Mudassir Khan (MD/CEO) was appointed as the chairman of ASMMA for 2024.

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