PMRC| Catagories All Events

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.

PMRC, under its capacity-building program, arranged a session for Partner Financial Institutions (PFIs) on Environmental and Social (E&S) standards for Mortgages and the Credit Guarantee Scheme (CGS).

The purpose of the session was to enhance the understanding and application of E&S standards in mortgage lending, ensuring sustainable practices and aligning with global benchmarks. It also aimed to provide PFIs with insights into the implementation and benefits of the CGS, developing responsible lending and credit risk management.

Hosted by Pakistan Mortgage Refinance Company (PMRC) from the Asian Secondary Mortgage Market Association (ASMMA) Secretariat, the ASMMA Annual Meeting 2024 brought together regional mortgage refinance companies to foster collaboration and drive advancements in housing solutions.

Under the leadership of Mudassir H. Khan (ASMMA Chairman for 2024), the event featured inspiring discussions and meaningful connections, setting the stage for innovative ideas and a brighter future for housing across the region.

The meeting was attended by ASMMA members, including Cagamas Berhad (Malaysia), PT Sarana Multigriya Finansial – SMF (Indonesia), Japan Housing Finance Agency – JHF (Japan), National Home Mortgage Finance Corporation – NHMFC (Philippines), Uzbekistan Mortgage Refinance Company – UzMRC (Uzbekistan), Mongolian Mortgage Corporation – MIK (Mongolia), and officials from Pakistan Mortgage Refinance Company (PMRC).

Mr. Luca Bertalot, Secretary General at EMF-ECBC, also attended the meeting and shared his valuable insights with ASMMA members, further enriching the discussions.

Our deepest gratitude to 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐌𝐢𝐧𝐢𝐬𝐭𝐞𝐫 𝐌𝐮𝐡𝐚𝐦𝐦𝐚𝐝 𝐀𝐮𝐫𝐚𝐧𝐠𝐳𝐞𝐛 for honoring the 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐀𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐥𝐞, 𝐆𝐫𝐞𝐞𝐧 & 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐭 𝐇𝐨𝐮𝐬𝐢𝐧𝐠 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 with his presence. Your leadership and vision inspire us to continue our journey toward a sustainable housing future.

A 𝐡𝐞𝐚𝐫𝐭𝐟𝐞𝐥𝐭 𝐭𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 𝐭𝐨 𝐨𝐮𝐫 𝐬𝐩𝐨𝐧𝐬𝐨𝐫𝐬, whose steadfast support and commitment were the backbone of this event’s success. Your belief in our mission empowers PMRC to push boundaries and drive impactful change in the housing sector.

Together, you have helped us turn a vision into reality, and for that, we are truly grateful.

Pakistan Mortgage Refinance Company (PMRC) organized a roundtable conference on September 13, 2024, focusing on the need for affordable, green, and climate-resilient housing in Pakistan. The conference brought together policymakers, builders, developers, and housing experts to discuss and drive momentum for affordable and green housing initiatives. Mudassir H. Khan, MD/CEO PMRC, shared his thoughts on this important issue and also kickstarted the event. Representatives from banks, DFIs, NBFIs, HFCs, builders, developers and the State Bank of Pakistan (SBP) graced the occasion.

Experts in the field of mortgage/climate change from institutions like Bank Alfalah, Sind People Housing for Flood Affectees (SPHF), Akademos, Zero-Point Partners, Arif Habib REIT, SBP, IFC, and Modulus Tech shared their experiences with the forum. In addition to climate resilient housing needs, there was also a comprehensive session on affordable housing in Pakistan.

The participants acknowledged PMRCs role in developing the mortgage market and were hopeful that such events would continue to be organized to create awareness for climate resilient and affordable housing.

At PMRC , we commemorated Pakistan Independence Day with great fervor and enthusiasm!

As we marked 77 years of freedom, we were reminded of the sacrifices made by our ancestors and the importance of cherishing this precious gift.

At PMRC, we believe that freedom is not just a fundamental right, but also a core value that drives our mission to empower communities and promote inclusive development.

We take pride in our heritage and our work, and we dedicate ourselves to upholding the values of courage, resilience, and determination that have shaped our nation’s history.

Here’s to freedom, pride, and dedication – may these values continue to inspire us to make a positive impact in the lives of those we serve!

ASMMA Virtual Meeting

On July 30, 2024, PMRC hosted a virtual session with members of the Asian Secondary Mortgage Market Association (ASMMA). The meeting included participation from CGAMAS (Malaysia), JHF (Japan), NHMFC (Philippines), SMF (Indonesia), MIK (Mongolia), and UzMRC (Uzbekistan).

PMRC provided an in-depth overview of Pakistan’s macroeconomic and mortgage market. The forum exchanged views on the evolving mortgage landscape and emphasized the importance of housing finance in the development of economies. PMRC also invited the participants to Pakistan to attend the ASMMA annual meeting in December of this year.

Together we are paving the way for a brighter future in housing finance

PMRC continues its journey of market development and innovation in the housing finance landscape. The company is pleased to launch a Green financing product variant for Partner Financial Institutions (“PFIs”) to extend Solar Financing. The product integrates seamlessly with the existing refinance/prefinance product suite for PFIs and addresses the need for financing required for solar installations which fall under home improvement category as per Housing PRs.

We are excited to announce the inauguration of our newly renovated PMRC Café by the Chairman, Mr. Rehamat Ali Hasnie, and the distinguished Board of Directors of PMRC!!

After months of planning and hard work, we are thrilled to unveil the renovated Café for our employees to enjoy. The new café is a modern conventional break room which serves as a social zone designed to foster teamwork, interaction and collaboration. Whether need a short break between one engagement and another or to work over a cup of coffee without being disturbed, the PMRC Café is the place to be. From sleek and modern decor to spacious seating areas, we’ve got everything an employee needs to unwind and refuel during the workday.

A big thank you to everyone involved in making this project a reality.

At PMRC, we hold a strong belief in the continuous training and capacity building of our staff. We strive to keep them abreast of the evolving market dynamics and ensure they are always updated about our products and services. In alignment with this objective, Business and Product team organized a comprehensive training and capacity building workshop on April 19, 2024. The primary aim of this workshop was to introduce and familiarize our staff with an overview of the mortgage market, as well as company’s product offerings.

Catagories: All Events

Grand Annual Lunch 2024

Training on Environmental and Social Standards E&S and Credit Guarantee Scheme CGS

ASMMA Annual Meeting 2024

Moments from the IAGRHC24

Round Table Conference on “Affordable, Green and Climate Resilient Housing Need in Pakistan”

14th August celebration 2024

ASMMA Virtual Meeting

Green financing product variant

Inauguration of newly renovated PMRC Cafe

Staff Capacity Building Workshop

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