Mortgage Finance

Egypt's Central Bank launches LE100B initiative for mortgage financing

Tue, 13 Jul 2021 - 12:33 GMT

This comes in implementation of the directives of President Abdel Fattah El-Sisi, President of the Republic, to provide the opportunity for citizens of low and middle incomes to obtain adequate housing at subsidized prices and over long-term periods of time.

LE 1.4 billion mortgage finance during 2017

Tue, 16 Jan 2018 - 02:00 GMT

The amount of mortgage finance granted by mortgage finance companies until the end of November 2017 reached LE 1.4 billion

Mortgage finance funds provided by companies rise to LE 1.1B: EFSA

Mon, 25 Dec 2017 - 03:07 GMT

Total funds provided by mortgage finance companies rose to LE 1.1 billion during the first ten months of 2017.

Mortgage finance contracts reach LE 8.2B

Wed, 22 Nov 2017 - 09:55 GMT

Omran called on firms to expand their work to include pre-delivered residential units.

Real estate, construction grew 10.8% in FY 2016/17

Mon, 30 Oct 2017 - 05:01 GMT

Mortgage finance assets offered by companies amounted to LE 3.5 billion in H1 2017, 27 percent more than the same period in H1 2016.

Financial leasing contracts’ value up 7% to reach in H1 2017

Mon, 31 Jul 2017 - 01:11 GMT

Financial leasing contracts’ value rose 7% to reach LE 11.8 billion in the first six months of 2017 from LE 11 billion in the same period last year.