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The Asian Secondary Mortgage Market Association (ASMMA) convened its regular meeting in Tokyo
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2023-12-12

The Asian Secondary Mortgage Market Association (ASMMA) convened its regular meeting in Tokyo, Japan on December 4 and 5, 2023. This gathering saw the active participation of approximately 50 officials hailing from nine countries, including Mongolia, Japan, Malaysia, Indonesia, Korea, Pakistan, the Philippines, Uzbekistan member nations of the association, and Belgium.

The initial segment of the meeting centered around presentations and discussions focused on "Green Housing Financing." The latter part featured member countries presenting and exchanging insights into their respective secondary mortgage markets' present state and prospects and updates on their company activities. Participants emphasized the significance of establishing connections with industry leaders, sharing experiences with other nations, comprehending policies and regulations, presenting innovative solutions, and seizing the opportunity to bring these insights to the public.

The Mongolian Mortgage Corporation, functioning as a financial professional entity dedicated to advancing Mongolia's secondary housing financing market and ensuring the stable continuation of the housing financing system, proudly holds membership in this esteemed professional association. Through collaboration and the exchange of work experiences, the corporation actively engages with similar organizations regionally and globally, further contributing to the collective growth and enhancement of the sector.