The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks and mortgage finance companies have disbursed a total of EGP 84.64bn to approximately 630,015 low-income beneficiaries under the government-backed mortgage finance initiative as of the end of April 2025.
According to the Fund’s latest report, 22 participating banks injected around EGP 82.128bn, benefiting 610,201 clients, which accounts for 97% of total disbursements under the initiative.
The National Bank of Egypt (NBE) topped the list, providing EGP 20.396bn in financing to 159,522 clients, representing 24.1% of total funding. Banque Misr followed with EGP 19.390bn in loans to 146,347 clients (22.9%), while Banque du Caire came in third with EGP 9.123bn extended to 61,094 clients (10.8%).
Housing and Development Bank ranked fourth, disbursing EGP 7.920bn to 76,081 clients (9.4%). QNB Alahli followed in fifth place with EGP 5.802bn granted to 32,665 clients (6.9%).
In sixth place, the Commercial International Bank (CIB) provided EGP 5.006bn to 30,606 clients, capturing 5.9% of the market share. It was followed by the United Bank with EGP 2.188bn to 15,236 clients (2.6%), and the Industrial Development Bank with EGP 2.028bn to 17,929 clients (2.4%).
Bank NXT ranked ninth with EGP 1.787bn in loans to 10,269 clients (2.1%), while the Arab African International Bank rounded out the top ten with EGP 1.409bn provided to 11,056 clients, representing 1.7% of total disbursements.
In parallel, eight mortgage finance companies disbursed a combined EGP 2.514bn to approximately 19,814 clients, accounting for 3% of the initiative’s overall funding.
Al-Tameer Mortgage Finance Company led the sector with EGP 991.9m extended to 7,429 clients, followed by Contact Mortgage, which disbursed EGP 838.7m to 6,167 clients.
Al Ahly Mortgage Finance (AMF) came in third with EGP 285.2m to 2,543 clients, trailed by Amlak Finance Egypt with EGP 252.9m granted to 2,328 clients.
The list continues with Tamweel Mortgage Finance (EGP 69.5m to 609 clients), Egyptian Housing Finance Company (EGP 43m to 429 clients), Ahli United Mortgage Finance (EGP 20m to 200 clients), and Arab African International Mortgage Finance (EGP 12.2m to 109 clients).
