Agreement signed between PMRC & Partner Financial Institutions to promote Low-cost housing finance

Karachi, March 02, 2021: Pakistan Mortgage Refinance Company (PMRC) and its Partner Financial Institutions (PFIs) joined hands to provide and promote affordable housing finance in the country by signing Credit Guarantee Agreements with Credit Guarantee Trusts for Low-Cost Housing, set up by the Government of Pakistan with PMRC as Trustee. In the ceremony held at…

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VIS Assigns Initial Entity Ratings to Pakistan Mortgage Refinance Company Limited (PMRC)

Karachi, May 11, 2019: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to Pakistan Mortgage Refinance Company Limited (PMRC) of ‘AAA/A-1+’ (Triple A/A-One Plus). Outlook on the assigned ratings is ‘Stable”. The long-term rating of ‘AAA’ indicates the highest credit quality; the risk factors are negligible, being only slightly more than for…

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