Dhaka, Aug. 20 -- A meeting was held between the Bangladesh Securities and Exchange Commission (BSEC) and representatives of the World Bank Group to discuss the feasibility of establishing a Mortgage Refinance Company (MRC) in Bangladesh.

The meeting was held at the BSEC headquarters on Aug 19, according to a press release issued by the commission on Thursday.

The meeting discussed the proposed framework and role of a Mortgage Refinance Company in Bangladesh's housing finance sector.

Such an institution could help expand the primary mortgage market by providing long-term refinancing to financial institutions and play a role in mobilising funds from the capital market for housing finance, the meeting was told.

The initiative has been t...