Banks and mortgage finance companies participating in Egypt’s low- and middle-income mortgage initiatives have injected total financing of EGP 99.547bn, benefiting around 683,296 people as of January 2026, according to the Social Housing and Mortgage Finance Fund.
In its latest report, the fund said subsidies provided to beneficiaries amounted to about EGP 10.399bn, with the average subsidy per low-income beneficiary standing at approximately EGP 15,522.
Low-income financing dominates
Financing directed to low-income beneficiaries reached EGP 94.868bn, benefiting around 669,992 clients, with an average financing value of EGP 141,596 per beneficiary. Meanwhile, financing for middle-income beneficiaries totalled about EGP 4.679bn, benefiting approximately 13,304 clients, with an average financing value of EGP 351,723.
The fund noted that 22 banks participating in the two initiatives provided EGP 92.416bn in financing to low-income beneficiaries, accounting for 92.8% of total financing and benefiting around 650,688 clients. These banks also injected EGP 4.617bn for approximately 12,790 middle-income beneficiaries, representing 4.6% of total financing.
The National Bank of Egypt (NBE) ranked first among participating banks in the low-income mortgage initiative, providing EGP 21.996bn in financing to 166,250 beneficiaries, representing a 22.10% share of total financing by the end of January 2026.
Banque Misr followed closely with financing of EGP 21.522bn for 155,676 beneficiaries, accounting for a 21.62% share. Banque du Caire ranked third with financing of EGP 11.029bn for around 68,517 beneficiaries, representing 11.08%.
The Housing and Development Bank (HDB) came fourth, providing EGP 8.01bn to 76,546 beneficiaries, or 8.05% of total financing, followed by QNB Egypt with EGP 7.264bn for 37,970 beneficiaries, representing a 7.30% share.
Commercial International Bank (CIB) ranked sixth with financing of EGP 6.137bn for 34,596 beneficiaries, accounting for 6.16%. The United Bank followed with EGP 2.506bn for 16,404 beneficiaries, while Bank NXT provided EGP 2.472bn to 12,621 beneficiaries, representing shares of 2.52% and 2.48%, respectively.
Industrial Development Bank (IDB) injected EGP 2.207bn for 18,556 beneficiaries, accounting for 2.22% of total financing, followed by Mashreq Bank with EGP 1.408bn for 7,951 beneficiaries, or 1.41%.
Middle-income mortgage initiative
Under the middle-income mortgage initiative, 11 banks injected EGP 4.617bn in financing for around 12,790 beneficiaries by the end of January 2026.
Banque du Caire topped participating banks with financing of EGP 1.238bn for 3,104 beneficiaries. NBE ranked second with EGP 917.219m for around 2,866 beneficiaries, followed by Banque Misr with EGP 717.312m for approximately 2,395 beneficiaries.
QNB Egypt came fourth with financing of EGP 509.456m for around 1,266 beneficiaries, followed by HDB with EGP 452.387m for 1,232 beneficiaries. CIB provided EGP 296.005m for 708 beneficiaries, while Arab African International Bank (AAIB) injected EGP 249.961m for 642 beneficiaries.
Bank NXT provided EGP 105.919m for 256 beneficiaries, followed by the United Bank with EGP 46.112m for 125 beneficiaries. IDB injected EGP 29.242m for 193 beneficiaries, while the National Bank of Kuwait (NBK) provided EGP 1.387m for three beneficiaries.
Mortgage finance companies
Eight mortgage finance companies participating in the low-income initiative injected EGP 2.452bn by the end of January 2026, benefiting around 19,304 beneficiaries and accounting for 2.5% of total initiative financing.
Tameer Mortgage led participating companies with financing of EGP 968.096m for 7,238 beneficiaries, followed by Contact with EGP 832.808m for 6,117 beneficiaries.
Al Ahly Mortgage Finance ranked third with EGP 285.334m for 2,544 beneficiaries, followed by Amlak with EGP 240.343m for 2,214 beneficiaries. Tamweel provided EGP 50.391m for 453 beneficiaries, while Egyptian Mortgage Finance injected EGP 43.042m for 429 beneficiaries.
Al Ahly United provided EGP 19.973m for 200 beneficiaries, followed by Arab African International Mortgage with EGP 12.211m for 109 beneficiaries.
The fund added that Tameer, Contact, Amlak, and Tamweel also injected a combined EGP 61.846m to finance around 514 middle-income beneficiaries, accounting for less than 1% of total financing under the initiative.
