JSC “MO “Kazakhstan Mortgage Company”, a subsidiary of JSC “NMH “Baiterek” was appointed as a Chairman of the Asian Association of secondary mortgage market Association (ASMMA). The company will be chairing in 2021, it became known at the annual event of the 6th ASMMA Annual Meeting, which takes place these days in the city of Busan in South Korea.
Adil Mukhamedzhanov, Chairman of the Management Board of JSC “MO “KMC”: Kazakhstan was unanimously chosen as the host country in 2020 by the members of the Association showing appreciation of the active work of the Kazakhstani delegation. The organization of the international summit meeting will be held by the Kazakhstan Mortgage Company. Moreover, we were highly trusted and in 2021 ASMMA will be held under the chairmanship of the KMC”.
Asian secondary Mortgage Market Association (Asian Secondary Mortgage Market Association) was established in September 2014. It is a non-profit organization which is opened to the secondary mortgage corporations (organizations) in Asia. The mission of the Association is to provide a framework and platform for the exchange of ideas, opinions and experiences in order to develop the real estate market in the countries that are members of the Association to improve the conditions for obtaining housing loans and ensure a better quality of life.
Kazakhstan mortgage Company became an honorary member of ASMMA in 2018.