Egyptian mortgage companies pump funds of 1.4 bln pounds in 11 months
The total value of mortgage granted by mortgage companies in the first 11 months of 2017 recorded 1.4 billion…
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Mortgage
RBS to pay $125M to settle California mortgage bond claims
Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while…
Banque Misr teams up with three partners to launch leasing unit
Banque Misr, Egypt’s second largest state lender, is linking up with Misr Financial Investments, Misr Insurance…
Banque Misr pumps 900mn Egyptian pounds for low-income housing projects
Egypt’s second largest bank, state-owned Banque Misr has pumped 900 million Egyptian pounds ($49.2 million) to…
Sprint to raise $3.5 billion through sale, lease-back of airwaves
Sprint Corp, the No. 4 U.S. wireless carrier, is preparing to mortgage a little more than 10 percent of its…
Egyptian Mortgage Refinance says injected $11.9 mln finances in 8 months
Egyptian Mortgage Refinance Company (EMRC) has pumped finances estimated at 105 million Egyptian pounds ($11.9…
Emirates NBD Egypt mulls establishing new mortgage unit
Emirates NBD Egypt is studying establishing a new unit for mortgage activities, its deputy managing director Sahar…
U.K. mortgage approvals hit lowest in 18 months
The number of new mortgages approved in the U.K. dropped in July to the lowest level in more than a year, a sign…
Faisal Islamic Bank’s mortgage portfolio hits $112k for middle-income housing units
Egypt-based Faisal Islamic Bank’s portfolio of mortgage finances pursuant to the central bank’s initiative has…
Brexit uncertainty created pause in UK mortgage sector in July
The UK’s mortgage sector was hit in July as a result of the European Union referendum with both the number and…
