Roundtable Conference on “Mortgage Market Innovations and New Product Ideas

Pakistan Mortgage Refinance Company (PMRC) hosted a Roundtable Conference on “Mortgage Market Innovations and New Product Ideas” on June 3, 2025, at its head office in Karachi.

The event brought together senior representatives from leading mortgage finance institutions, including NBP, HBL, MCB, ABL, BoK, Askari Bank, Meezan Bank, JS Bank, Al Baraka Bank, Bank Alfalah, SNBL, HBL Microfinance Bank, LOLC Microfinance Bank, ASA Microfinance Bank, HBFCL, and also key stakeholders such as IFC, PMN, Punjab Affordable Housing Program, and TPL Insurance.

The discussion focused on the current housing market landscape and explored opportunities to expand mortgage finance in Pakistan. Participants highlighted the urgent need to introduce and scale Sustainable, Affordable, Green, and Resilient mortgage solutions.

Valuable recommendations to improve existing products and develop new, consumer-responsive offerings were discussed and debated. The conference ended with many action items to promote the mortgage market. PMRC remains committed to fostering collaboration and innovation to help bridge the housing gap and enhance access to homeownership for all.

ADB Water and Urban Development Forum held at ADB Headquarters in Manila, Philippines

Mudassir H. Khan, MD/CEO of PMRC was invited for the ADB Water and Urban Development Forum held at ADB Headquarters in Manila, Philippines from 28–30 May 2025. He spoke on the need for expanding affordable, safe and green housing in Pakistan and other regional countries. He shared insights on SPHF’s post-flood housing reconstruction initiative and PMRC’s pivotal role in strengthening the housing finance ecosystem to promote inclusive and sustainable homeownership. The session showcased national programs across Asia, including Pakistan’s Green and Resilient Affordable Housing Program, and explored innovative strategies to ensure resilience, social inclusion, and affordability in urban housing development

Staff Capacity Building Workshop at PMRC

May 9, 2025: As part of capacity-building initiatives, Pakistan Mortgage Refinance Company (PMRC) conducted a workshop aimed at strengthening staff awareness and compliance with PMRC’s social media and branding guidelines. The session was designed to equip team members with a clear understanding of the company’s communication protocols, ensuring that all public engagement channels align with PMRC’s values, visual identity, and professional standards. The initiative reflects PMRC’s continued commitment to fostering a culture of responsible communication and maintaining brand integrity across all platforms.

Pakistan Mortgage Refinance Company (PMRC) and TPL Insurance Join Forces to Boost Mortgage Market in Pakistan

Pakistan Mortgage Refinance Company (PMRC) and TPL Insurance Join Forces to Boost Mortgage Market in Pakistan Dated: May 6, 2025 PMRC has partnered with TPL Insurance to provide coverage for the Loan-to-Value (LTV) Guarantee product—an initiative aimed at enhancing mortgage affordability and accessibility for middle-income first-time home buyers. This collaboration empowers PMRC’s Partner Financial Institutions (PFIs) to extend additional credit to eligible borrowers within regulatory limits, by mitigating the associated credit risk. The LTV Guarantee product is designed to encourage greater participation in the housing finance market, lowering the initial cost burden on consumers and enabling PFIs to support more homebuyers with confidence. Together, PMRC and TPL are committed to fostering financial inclusion and expanding homeownership opportunities across Pakistan.

Faysal Asset Management Limited (FAML) and Pakistan Mortgage Refinance Company (PMRC) MOU

Faysal Asset Management Limited (FAML) and Pakistan Mortgage Refinance Company (PMRC) have entered into a Memorandum of Understanding (MoU), with FAML as the launch customer for the Certificate of Islamic Investment, signifying its confidence in PMRC’s innovative and secure investment offerings.

This collaboration underscores the strength of their long-standing relationship and reflects a shared vision, strategic alignment, and mutual trust in advancing Pakistan’s capital markets through impactful and ethical investment solutions. Both organizations reaffirm their commitment to working together in a spirit of transparency, partnership, and shared success, with the overarching goal of strengthening Pakistan’s financial ecosystem.

Together, FAML and PMRC aim to foster innovation and growth in Pakistan’s Islamic finance landscape.

PMRC’s Eid-ul-Fitr gathering

Under the crescent moon’s glow, we came together, not just as colleagues, but as a family.

PMRC’s Eid-ul-Fitr gathering was more than a celebration; it was a tapestry of shared laughter, heartfelt conversations, and the joy of togetherness. In the rhythm of clinking cups and warm embraces, we found a reminder, that
success isn’t just in numbers, but in the bonds we build.

Training session on best practices in housing finance, mortgage loan documentation and MQS

On Thursday, March 27, 2025, PMRC hosted a training session for its Partner Financial Institutions (PFIs). The session covered key topics, including best practices in housing finance, the current housing market scenario, the importance of standardizing mortgage documentation, PMRC’s eligibility criteria, and Minimum Quality Standards (MQS).

The training was conducted by Mr. Jamil Akhtar, Head of Product at PMRC. Representatives from Meezan Bank, JS Bank, Bank Al-Habib, Bank Alfalah, HBL, Faysal Bank, Soneri Bank, SAFCO, Assan Ghar, and HBFCL attended the session

PMRC is proud to welcome NBP Fund’s investment in its Certificate of Investment

Pakistan Mortgage Refinance Company (PMRC) is committed to expanding access to affordable housing finance in Pakistan. As a leading Development Finance Institution (DFI), PMRC sets high standards for mortgage practices and offers innovative financial solutions to support the growth and development of the country’s mortgage market. To strengthen and diversify PMRC has introduced Certificate of Investment as a new avenue for investors.

PMRC is proud to welcome NBP Fund’s investment in its Certificate of Investment, a testament to the strength of our long-term relationship. This collaboration reflects a continued journey of mutual trust, strategic alignment, and a shared vision for deepening capital markets through secure and impactful investment solutions.

Here’s to building on this foundation and achieving even greater success together!

International Women’s Day

International Women’s Day is not just about celebration—it’s about commitment to change. We must accelerate the pace of progress and remove the barriers that hold women back. Equal opportunities should not be a privilege but a right for every woman. Here’s to strong women: may we know them, may we be them, may we raise them. Today, let’s pledge to create a future where gender does not determine one’s success. Let’s stand together and push for a more inclusive world.

Grand Annual Lunch 2024

Here’s to a year of fulfillment! PMRC wrapped up 2024 on a high note with a feast of gratitude, bringing together our incredible team for a grand Annual Lunch on December 31, 2024. It was an event filled with joy, laughter, and a deep sense of appreciation for the dedication and hard work that made this year a resounding success. From heartfelt conversations to the mouth-watering lunch, the gathering truly reflected the spirit of teamwork and togetherness that defines PMRC.

As we shared a delicious feast and celebrated our achievements, we also looked forward to an even brighter future. This gathering was a reminder that our strength lies in our people—the backbone of PMRC’s journey. Here’s to many more milestones, memories, and moments of celebration together as one big family.

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