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Pakistan Mortgage Refinance Company
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Pakistan Mortgage Refinance Company Limited (PMRC) was established as a public limited company in 2015 to develop and support the primary and secondary mortgage markets in Pakistan. Licensed by the Securities and Exchange Commission of Pakistan (SECP) and regulated by the State Bank of Pakistan (SBP), PMRC's core mission is to alleviate the funding constraints of primary mortgage lenders. It does this by providing long-term funds through refinancing their mortgage portfolios and by issuing mortgage-backed securities and bonds, thereby increasing the availability and affordability of housing finance in the country.
Pakistan
Industry
Financial