The Social Housing and Mortgage Finance Fund (SHMFF) announced that banks and mortgage finance companies participating in the state-backed initiative for low- and middle-income citizens had extended a total of EGP 92.3bn in financing to 656,906 beneficiaries in September 2025.
According to the SHMFF’s latest report, banks provided around EGP 86.009bn to 626,407 low-income clients, representing 97.2% of total financing for this segment, while EGP 3.779bn was directed to 10,683 middle-income clients.
Meanwhile, mortgage finance companies injected EGP 2.452bn in loans to 19,304 low-income beneficiaries, accounting for 2.7% of total financing, in addition to EGP 61.6m provided to 512 middle-income clients.
The National Bank of Egypt (NBE) topped the list of participating institutions, providing EGP 20.888bn to 161,764 clients, or 23.6% of total financing under the initiative. Banque Misr ranked second with EGP 20.156bn for 149,906 clients (22.8%), followed by Banque du Caire in third with EGP 9.760bn for 63,949 clients (11%).
The Housing and Development Bank (HDB) came fourth with EGP 7.897bn for 76,122 clients (8.9%), while QNB Alahli ranked fifth with EGP 6.407bn for 34,937 clients (7.2%). The Commercial International Bank (CIB) followed with EGP 5.429bn for 32,150 clients (6.1%), then the United Bank with EGP 2.353bn for 15,847 clients (2.7%), and the Industrial Development Bank (IDB) with EGP 2.112bn for 18,212 clients (2.4%).
Next Bank ranked ninth with EGP 2.086bn for 11,316 clients (2.4%), while Mashreq Bank came tenth with EGP 1.380bn for 7,838 clients (1.6%).
Regarding mortgage finance companies, the SHMFF reported that eight companies participated in the low-income segment, providing EGP 2.452bn in total financing to 19,303 clients in September 2025, alongside EGP 61.6m for 512 middle-income clients.
Al Tameer Mortgage Finance topped the list with a portfolio worth EGP 968.1m for 7,238 clients, followed by Contact Mortgage Finance with EGP 832.8m for 6,117 clients. Al Ahly Mortgage Finance came third with EGP 285.3m for 2,544 clients, followed by Amlak Finance with EGP 240.3m for 2,214 clients.
Tamweel Mortgage Finance ranked fifth with EGP 50.4m for 453 clients, followed by the Egyptian Mortgage Refinance Company with EGP 43.0m for 429 clients. Al Ahli United came seventh with EGP 20.0m for 200 clients, while Arab African International Mortgage Finance ranked eighth with EGP 12.2m for 109 clients.
