PMRC organized a training session on November 21, 2025, to enhance the understanding of Partner Financial Institutions (PFIs) on the Credit Guarantee Scheme (CGS), including its features, modalities, and operational processes.
Representatives from UBL, NBP, Faysal Bank, ABL, Askari Bank, BOP, Bank Alfalah, HMB, and NRSP Bank participated in the session.
PMRC team visited the PR1MA Affordable Housing Project in Malaysia to gain firsthand insights into the country’s approach to improving housing affordability. PR1MA, a government owned entity, is focused on developing quality homes and apartments to bridge the housing gap for middle-income households. The visit provided valuable learning on PR1MA’s operational model, development framework and delivery mechanisms. The PMRC team reviewed these practices to evaluate how similar models could be adapted to strengthen the housing market in Pakistan.
PMRC team held a meeting with Maybank officials at the Cagamas Office. As the largest bank in Malaysia, Maybank team shared its experiences and insights on mortgage finance practices and role it played in advancing the housing finance market. The discussion provided valuable knowledge on product innovation, portfolio management, and strategic initiatives that have contributed to Malaysia’s robust housing finance ecosystem, offering meaningful takeaways for strengthening the mortgage market in Pakistan
PMRC team visited CIMB Bank to explore bank’s mortgage finance practices and role played in promoting and expanding the mortgage market in Malaysia. The visit provided valuable insights into innovative lending strategies, risk management approaches, and product structures that contribute to a vibrant and sustainable housing finance ecosystem.
PMRC team conducted a study visit of Cagamas Berhad, Malaysia’s leading liquidity provider in the housing finance sector. The visit aimed to gain insights into the Cagamas model, its innovative practices, and product structures that have successfully supported housing finance development in Malaysia. The PMRC delegation including Mehmood Uzair – Head of Risk Jamil Akhtar – Head of Products and Shaikh Taha A. – Head of Business, explored opportunities to adapt and replicate these best practices to strengthen and deepen the mortgage market in Pakistan.
Syed Zafar Alam Tirmizi (Head Business and Products – PMRC) participated as panellist at 41st annual conference of African Union for Housing Finance (AUHF) at Nairobi, Kenya. The conference was theme for blended finance for affordable housing. This Session was aimed to stimulate private investment for affordable mortgages.
Syed Zafar Alam Tirmizi (Head Business and Products – PMRC) visited site for affordable housing development organized by African Union for Housing Finance (AUHF) at Nairobi, Kenya. Projects shown were exemplary model of affordable housing which can be replicated to Pakistan market.
Syed Zafar Alam Tirmizi (Head Business and Products – PMRC) attended International Secondary Mortgage Market Association (ISMMA) annual meeting at Nairobi, Kenya. ISMMA is a platform to exchange ideas, experiences, and best practices among member countries to promote affordable and sustainable housing markets.
A big thank you to Johnstone Oltetia at Kenya Mortgage Refinance Company (KMRC) for hosting ISMMA meeting in his beautiful city.
Site visit of workshop participants from 10 countries visiting Public Private Partnership (PPP) Units in Japan at the Technical Deep Dive (TDD) workshop on Public-Private Partnerships for Affordable Housing. Organized by The World Bank Tokyo Development Learning Center (TDLC) at Tokyo and Yokohama.
Group Discussion at the Technical Deep Dive (TDD) workshop on Public-Private Partnerships
At the Technical Deep Dive (TDD) workshop on Public-Private Partnerships for Affordable Housing. Organized by The World Bank Tokyo Development Learning Center (TDLC) at Tokyo and Yokohama, Japan. Mudassir H. Khan (MD/CEO PMRC) presented Pakistan housing market scenario and discussed workable model for public-private partnership.
