Mr. Mudassir Khan (MD/CEO – PMRC) appointed as Chairman of Asian Secondary Mortgage Market Association for 2024

We are delighted to announce a significant milestone in the journey of the Pakistan Mortgage Refinance Company (PMRC). Our esteemed CEO, Mr. Mudassir Khan, has been appointed as the Chairman of the Asian Secondary Mortgage Market Association (ASMMA) for the year 2024.

This prestigious appointment reflects not only Mr. Khan’s leadership qualities but also the commitment of PMRC to playing a pivotal role in shaping the future of the secondary mortgage market in Asia. As Chairman, Mr. Khan will lead the association in fostering collaboration, innovation, and the exchange of best practices among secondary mortgage organizations across the region.

We extend our sincere congratulations to Mr. Mudassir Khan on this well-deserved recognition. His dedication to excellence and visionary approach align seamlessly with the values that PMRC upholds and express our gratitude to the members and stakeholders of ASMMA for placing their trust in Mr. Khan. Together, we embark on a journey of continued excellence, innovation, and positive impact in the mortgage industry.

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.

KMRC hosted Kenya Affordable Housing Conference

On November 22nd, 2023, KMRC hosted Kenya Affordable Housing Conference, during which PMRC was honored with a special invitation to share its extensive journey and expertise in the realm of Risk Sharing Facility. While addressing the forum Mr. Jamil Akhtar – Head of Products PMRC, illuminated the transformative impact of the Credit Guarantee Scheme (CGS) on the financial landscape of housing market in Pakistan. The discourse centered around elucidating how CGS has significantly changed the financial dynamics within the housing sector, underscoring the pivotal role it played in fostering advancements within the realm of affordable housing initiatives.

PMRC Shines as an Honorable Mention at the 2023 Innovation Awards in the Public Sector Housing Solutions Category.

PMRC Shines as an Honorable Mention at the 2023 Innovation Awards in the Public Sector Housing Solutions Category. Recognized for its Outstanding Innovation in the Pakistani Housing Market. The prestigious ceremony took place on the 27th of October 2023, at the 9th Asia-Pacific Housing Forum (APHF) held in South Korea organized by Habitat for Humanity Asia-Pacific. Among a pool of 3,100 participating companies, PMRC stood out for its remarkable contribution to making housing finance more accessible and affordable for the low-income and microfinance sectors in Pakistan

Round table conference’23 – Green & Climate Resilient Housing needs in Pakistan

The PMRC (Pakistan Mortgage Refinance Company) has successfully convened a prestigious round table conference on September 5th,2023 dedicated to the exploration of Sustainable, Green, and Climate Resilient Housing in Pakistan. The event drew together a diverse assembly of speakers, each representing distinct backgrounds and expertise, to offer profound insights and comprehensive knowledge on this vital subject matter.


During the conference, significant attention was directed toward several key themes, notably Sustainable Urban Development within Emerging Markets, the Social Impact and Affordability of housing projects emphasizing sustainability, as well as the crucial aspect of funding. Distinguished professionals hailing from the banking sector, Housing Finance Companies (HFCs), Microfinance institutions, and Development Financial Institutions (DFIs) actively participated in the conference. Their participation was instrumental in contributing invaluable perspectives and strategies aimed at fostering the proliferation of green housing projects in Pakistan, with a specific focus on enhancing accessibility within the market.


The following distinguished speakers joined us to enhance awareness on the subject:


  1. Emma Ahmed – Altair
  2. Autif Mohammad Sayyed – IFC
  3. Muhammad Ejaz – Arif Habib Dolmen
  4. Nabeel Siddiqui – Modulus Tech

PMRC held a successful Round Table Conference for Partner Financial Institutions (PFIs)

PMRC held a successful Round Table Conference for Partner Financial Institutions (PFIs) on June 22, 2023. The conference was attended by “Habib Bank Limited”, “Bank Alfalah”, “Faysal Bank”, “Bank of Punjab”, and “JS Bank Limited”. The conference aimed to explore innovative products development for the housing finance market. PMRC’s Business team presented exciting new products with great potential to enhance the housing finance sector. New products included “Reverse Mortgage” and “100% LTV Mortgage”


Participants engaged in productive discussions, examining feasibility and brainstorming strategies to overcome challenges. The consensus among attendees was that these new products would make a significant contribution, expanding the market for mortgage finance and housing loans. The conference served as a valuable platform for collaboration and knowledge exchange among participants, showcasing PMRC’s commitment to promoting growth and addressing industry needs.

Mudassir H. Khan (MD/CEO PMRC) attended the Global Affordable Housing Conference organized by World Bank Group

Mudassir H. Khan (MD/CEO PMRC) attended the Global Affordable Housing Conference organized by World Bank Group from May 31- June 2, 2023 at the World Bank Group Headquarters in Washington D.C. The theme of the conference was “Looking ahead: unlocking access to affordable, green and resilient housing through innovation.” The 3-day hybrid event brought together an audience of entrepreneurs, financiers, policy makers, researchers and development partners to discuss innovative ideas and cutting-edge solutions to build and finance affordable and green housing around the world.

PMRC participated in International Housing Expo 2022

First International Housing Expo 2022

PMRC delegates participated in International Housing Expo 2022, held at Jinnah Convention Centre, Islamabad from 8th to 11th December 2022. Expo was organized by The Ministry of Housing & Works with an objectives of promotion of urban regeneration schemes, gentrification of federal government land, management of rapid urbanization, providing common platform to resolve intricate urban and national issues, development of national urban infrastructure to support urban and regional development, and promotion of affordable green housing for all.

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Mudassir H Khan (MD/CEO) PMRC at MENA Housing Forum 2022

The Middle East and North Africa (MENA) Housing Forum 2022

Mudassir H Khan (MD/CEO) PMRC participated as a speaker in The Middle East and North Africa (MENA) Housing Forum 2022 held in Cairo, Egypt from November 21 to 23. The MENA Housing Forum is part of a global series of Housing Forums organized by Habitat for Humanity in collaboration with partner organizations in different regions of the world. Speaking at the forum Mr. Khan represented Pakistan and shared his views on challenges and lessons of sustainable finance for resilient low cost and affordable housing. He also shared PMRC’s experience and contribution in growth of Pakistan’s housing finance market.

Session on The Future of Microfinance: Converting Crisis into Opportunities – Housing, MSE, Education, Digital Banks & Nano Credit at Annual Microfinance Conference (AMC-6)

Mudassir H. Khan moderating session on The Future of Microfinance: Converting Crisis into Opportunities – Housing, MSE, Education, Digital Banks & Nano Credit at Annual Microfinance Conference(AMC-6)  at SERENA Hotel, ISB. The primary objective of the conference is to unveil the performance and achievement of the microfinance sector in the last 20 years and the crucial role it plays in financial inclusion poverty reduction and sustainable development of local communities.

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