The National Bank of Egypt (NBE), through its Investment Trustees Department, has signed an agreement with Ramtan Developments to market fully finished residential units in one of the developer’s projects in the New Administrative Capital, with payment plans extending up to 10 years.
The partnership aims to provide customers with access to completed housing units through long-term installment plans, reflecting growing cooperation between financial institutions and real estate developers to facilitate home ownership and investment.
According to the companies, the units offered under the agreement are fully finished and ready for immediate delivery. The project is located in the New Administrative Capital and includes a range of residential amenities and services.
The agreement comes as developers continue to introduce more flexible payment terms in response to changing market conditions and buyer demand, with installment periods becoming a key feature of residential sales in Egypt.
The National Bank of Egypt said the agreement is part of its Investment Trustees Department’s efforts to support investment opportunities through partnerships with private-sector developers, while Ramtan Developments noted that the offering targets both homebuyers and investors seeking completed properties.
