Pakistan Mortgage Refinance Company (PMRC) is set up as a mortgage liquidity facility to address the long-term funding constraint in the banking sector, which was hindering the growth of the primary mortgage market. PMRC is a secure source of long-term funding at attractive rates and at the same time ensuring sound lending habits amongst the primary mortgage lenders (PMLs). Its thrust is three-fold: help reduce maturity mismatch risk for PMLs, increase the availability of fixed rate mortgages and increase the maturity structure of the mortgage loans. This in turn would not only help improve the affordability of mortgages but also increase the number of qualifying borrowers. PMRC will play a key role in providing medium and long-term funding to both conventional and Islamic PMLs. These initiatives will result in an expansion of the primary mortgage market. As the Company’s principal source of funding will be from the local bond market, another important objective of the Company is to pioneer the development of the local bond and sukuk markets.
Company Details
- Employees
- 48
- Founded
- -
- Address
- Karachi, Sindh 74000, Pk
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- http://www.pmrc.com.pk
- Keywords
- Mortgage, refinance, pakistan, home loan.
- HQ
- Karachi, Sindh
- Competitors
- Pak Brunei Investment Company Limited, Pak China Investment Company Limited, Pakistan Kuwait Investment Company (Private) Limited, Pakistan Housing Finance Company Limited, Bank Alfalah Limited, House Building Finance Company Ltd, Pak Oman Investment Company Ltd, Saudi Pak Industrial and Agricultural Investment Company Ltd., Al Meezan Investment Management Limited, Trumentor.
Pakistan Mortgage Refinance Company Questions
Pakistan Mortgage Refinance Company's website is http://www.pmrc.com.pk
Pakistan Mortgage Refinance Company's LinkedIn profile is https://pk.linkedin.com/company/pmrcpk
Pakistan Mortgage Refinance Company has
48 employees.
View email and phone details for 48
employees at Pakistan Mortgage Refinance Company.
Pakistan Mortgage Refinance Company's industry is
Financial Services
Pakistan Mortgage Refinance Company's top competitors are
Pak Brunei Investment Company Limited,
Pak China Investment Company Limited,
Pakistan Kuwait Investment Company (Private) Limited,
Pakistan Housing Finance Company Limited,
Bank Alfalah Limited,
House Building Finance Company Ltd,
Pak Oman Investment Company Ltd,
Saudi Pak Industrial And Agricultural Investment Company Ltd.,
Al Meezan Investment Management Limited,
Trumentor.
Pakistan Mortgage Refinance Company's categories are Financial Services
Pakistan Mortgage Refinance Company's founding year is 2015
