Mortgage Refinancing Company of Uzbekistan
Mortgage Refinancing Company of Uzbekistan JSC (UzMRC) is a national refinancing credit institution established in 2019 to promote the growth and development of a mortgage market that offers affordable housing for all income groups in Uzbekistan. UzMRC raises funds from international and local capital markets for the purposes of (re)financing eligible mortgage loans of partner commercial banks. Liquidity provided to issuers of housing loans at strict eligibility criteria supports the growth and improvement of the mortgage lending sector and creates the foundation for future mortgage-backed securities issuance.
UzMRC has become the largest public issuer of debt securities in the capital market of Uzbekistan occupying nearly third of the domestic corporate bond market. It has attracted over UZS4.7 trillion (as of September 2024) funds via loans, corporate bonds and “green” bonds.
UzMRC has become the largest public issuer of debt securities in the capital market of Uzbekistan occupying nearly third of the domestic corporate bond market. It has attracted over UZS4.7 trillion (as of September 2024) funds via loans, corporate bonds and “green” bonds.
Location
The Republic of Uzbekistan
Address
office 14A, International Business Center, 107B Amir Temur Ave., Tashkent, Uzbekistan
Website
Telephone
Email
Social Media
Member Activities
Provided loans:
Sourced from:
- UZS 4,714.7 bln, (more than 21,000 mortgage loans refinanced)
Sourced from:
- ADB – UZS 3,805.9 bln
- Corporate bonds – UZS 540 bln
- IFC – UZS 318.8 bln
- “Green” corporate bonds – UZS 50 bln
Member Tenure
- ASMMA, ISMMA
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