Tag: mortgage

Banks inject EGP 53.2bn in mortgage financing initiative for low-income individuals

NBE acquired 27.3% of total financing, worth EGP 15.179bn, granted to 132,140…

Hossam Mounir Hossam Mounir

FRA increases mortgage finance installment to 50% of income

The decision came in recognition of various economic variables, especially higher inflation,…

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Demand for mortgage financing increased by 94% in just 8 months: New Cairo Developers Association

Mortgage financing is the main solution to overcome the hikes in real…

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Mortgage finance initiative for low-income housing records EGP 49.26bn in August

National Bank of Egypt tops the list of mortgage finance providers by…

Hossam Mounir Hossam Mounir

Proposal to provide mortgage for under-construction units stimulates local market, but needs CBE support

The value of finance provided by mortgage finance companies amounted to EGP…

Shaimaa Al-Aees Shaimaa Al-Aees

Easy mortgage procedures, subsidised interests essential for property market survival: FEI official

Shoukry noted that the global and local economies are witnessing a hike…

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Qasatly for consumer finance plans to attract $2m investment in 2022

Firm attracts 6,000 users since its debut in Egyptian market in April…

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CBE amends mortgage finance initiative for middle-income people

Bank extends repayment period to 25 years, increases maximum unit price to…

Hossam Mounir Hossam Mounir

Egypt opens reservations for fully finished housing units under new mortgage initiative

Move comes as part of ‘Housing for All Egyptians’ initiative for mortgage…

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