To translate the objective of developing capital markets in Pakistan and continue having an adequate source of funding, PMRC has been issuing various TFCs and Sukuks.
To translate the objective of developing capital markets in Pakistan and continue having an adequate source of funding, PMRC has been issuing various TFCs and Sukuks.
Major controlling shareholding stake rests with Ministry of Finance, Pakistan, at approximately 29%. Whereas, the remaining 71% is owned by a pool of private and public sector financial institutions. PMRC’s financial risk profile is also considered favorable where equity base has witnessed organic growth and International Finance Corporation (IFC) subscribed to PMRC’s 12% capital in Jan-2021. Initial financing has been under World Bank’s Housing Project, on-lent by the Government of Pakistan. Investment book, primarily comprising of government securities is healthy.
Started in late 2018, our disbursements grew steadily over the period of time which depicts attractive product features and strong relationship with our clients.
Our refinance portfolio increased from PKR 1,200 million to PKR 34,603 million in last 6 years showing our commitment towards growth and support of Housing Finance market.
