ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in collaboration with Pakistan Mortgage Refinance Company (PMRC) and International Finance Corporation (IFC), has set up Housing Finance Corporation (IFC) in Pakistan. Organized webinars to promote.
Farrukh Sabzwari, SECP Commissioner, Special Companies, highlighted the importance of the housing finance sector, its key linkages with more than 40 sub-industries, and discussed the opportunities offered by the underground housing finance market for potential new players. What
He highlighted the major challenges facing the sector and stressed that the SECP’s commitment to handle potential investors willing to form HFCs under the NBFC regulations Mudassar H Khan, CEO, highlighted the role of PMRC in the development of the housing market.
Charles Snyder of the IFC spoke about the approaches to international jurisdiction and the current opportunities in Pakistan. NK Ropan, an international housing expert from Malaysia, analyzed regional markets and highlighted the importance of HFCs in developing affordable housing.