SECP, World Bank discuss mortgage finance support; ADB focuses on digital lending for micro, small and medium enterprises 

The Securities and Exchange Commission of Pakistan (SECP) has held separate meetings with delegations from the World Bank and the Asian Development Bank (ADB) to explore cooperation in housing finance, digital lending and MSME development.

SECP was represented in the meetings by Mr. Imtiaz Haider, Commissioner (SCD), Dr. Mubbashar Hassan, Division Head (SCD), and Mr. Sajjad Ali, HOD Lending & PF Department.

During the meeting with the World Bank, the scoping mission focused on expanding Pakistan’s housing finance portfolio.

The discussions covered the possible establishment of a liquidity facility to support the mortgage finance sector.

The meeting also reviewed how Non-Banking Finance Companies (NBFCs) can play a wider role in extending mortgage finance to underserved communities.

In a separate session with the Asian Development Bank, discussions were held under ADB’s upcoming Digital and SME Development Program.

The SECP and ADB reviewed ways to accelerate digital adoption in MSME lending and assessed the digital financial ecosystem.

The meeting also covered supply and demand-side constraints faced by small businesses, along with opportunities to improve access to finance.

The SECP said engagement with the World Bank and ADB is aimed at strengthening regulatory frameworks, reducing market barriers and supporting a more inclusive digital financial ecosystem in Pakistan.