The Hong Kong Mortgage Corporation Limited
Milestones
1997
Incorporation of The Hong Kong Mortgage Corporation Limited (the HKMC)
1997
Appointment of the Hon. Donald Y.K. TSANG, JP as Chairman of the HKMC
1997
Commencement of the HKMC’s operations
1997
Launch of Mortgage Purchase Programme
1998
Launch of Fixed Adjustable Rate Mortgage
1999
Launch of Mortgage Insurance Programme
1999
Launch of Guaranteed Mortgage-backed Securitisation Programme
2001
Appointment of the Hon. Antony LEUNG, GBS, JP as Chairman of the HKMC
2001
Debut issue of Retail Bonds under a new mechanism that enables investors to subscribe for the bonds through banks that are appointed by the HKMC as its placing agents
2001
Launch of Bauhinia Mortgage-Backed Securitisation Programme
2002
Launch of Home Owner Mortgage Enhancement Programme
2003
Appointment of the Hon. Henry TANG Ying-yen, GBS, JP as Chairman of the HKMC
2007
Appointment of the Hon. John TSANG Chun-wah, JP as Chairman of the HKMC
2007
Launch of Medium Term Note Programme
2007
Establishment of joint venture to develop mortgage guarantee businesses in Malaysia
2009
Establishment of Risk Division to strengthen risk oversight and management
2009
Establishment of joint venture to develop mortgage guarantee businesses in Shenzhen
2010
Launch of Premium Loan Guarantee Scheme
2011
Launch of SME Financing Guarantee Scheme
2011
Launch of Reverse Mortgage Programme
2012
Launch of Microfinance Scheme
2013
Establishment of Compliance Function for the better management of the legal, regulatory and compliance risks
2015
Launch of Premium Loan Insurance Scheme
2017
Appointment of the Hon. Paul CHAN Mo-po, GBS, MH, JP as Chairman of the HKMC
2018
Transfer of General Insurance Business to HKMC Insurance Limited
2018
Launch of HKMC Annuity Plan by HKMC Annuity Limited
2018
Establishment of Infrastructure Financing and Securitisation (IFS) Division to implement the IFS business
2019
Launch of Policy Reverse Mortgage Programme
2021
Launch of 100% Personal Loan Guarantee Scheme
2021
Permanent Offer of Fixed Rate Mortgage Scheme
2022
Publication of Social, Green and Sustainability Financing Framework
2022
Inaugural issuance of Social Bonds
2023
Launch of Dedicated 100% Loan Guarantee Schemes
2023
First issuance of Infrastructure Loan Backed Securities