M
Mortgage Refinancing Company of Uzbekistan (UzMRC)
Uzbekistan
Founded in
2019 (7 Years)
Founded
Last online: No recent activity
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
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Company Information
Get to know Mortgage Refinancing Company of Uzbekistan (UzMRC)
Company Information
Get to know Mortgage Refinancing Company of Uzbekistan (UzMRC)
Joint Stock Company "Mortgage Refinancing Company of Uzbekistan" (UzMRC) was established in 2019 by a Decree of the President of the Republic of Uzbekistan, with the Ministry of Finance as its founder. The company's primary mission is to act as a key operator in the country's secondary mortgage market. It accomplishes this by purchasing long-term mortgage loan portfolios from commercial banks, thereby providing them with the necessary liquidity to issue more affordable and longer-term housing loans to the public. UzMRC finances its operations by issuing its own corporate bonds on the local capital market, contributing to the overall development of Uzbekistan's financial ecosystem.
Industry
- Financial Other ServicePRIMARY
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