Saudi Real Estate Refinance Company
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Name in Arabic:
الشركة السعودية لإعادة التمويل العقاري
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Country:
Saudi Arabia
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City:
Riyadh
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Email:
[email protected]
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Email:
[email protected]
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Website:
http://srco.com.sa
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Founding Date:
2017
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General information
The Saudi Real Estate Refinance Company (SRC) was established in 2017 as a subsidiary of the Public Investment Fund. SRC acts as a broker, matching the liquidity and capital needs of mortgage companies with the risk appetite and return objectives of investors.
The company aims to enhance mortgage industry standards, foster stability and growth in the secondary market, and facilitate access to domestic and international funding sources.
SRC’s activities include issuing mortgage-backed securities and providing short- and long-term direct financing to mortgage finance companies. The company's ultimate goal is to boost the real estate sector's performance in line with Saudi Vision 2030, increase its contribution to GDP, and facilitate homeownership for Saudi citizens.




