CBE amends the mortgage finance initiative keeping in mind low-income earners
Central Bank of Egypt (CBE) amended the mortgage finance initiative, which was issued in February 2014 to finance…
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Mortgage
Credit Agricole’s mortgage arm achieves $30.6mn funds in 2015
Credit Agricole Egypt’s mortgage company Egyptian Housing Finance Co. (EHFC) declined by 14 percent to record…
NBE ups mortgage loans to $33.6bn to serve 3,520 low-income units
The National Bank of Egypt (NBE)’s mortgage loans, upon the central bank’s housing initiative, have increased to…
Egypt’s first real estate financing federation to launch its website in two weeks
The newly-founded Egyptian Real Estate Financing Federation will be launching its website in two weeks to…
AmCham: Egypt real estate sector shows promising growth opportunities
Egypt’s real estate sector offers promising growth opportunities owing to the rise in demand for housing units and…
Pimco, others sue Citigroup over billions in mortgage debt losses
Pacific Investment Management Co and other investors have sued Citigroup Inc over the bank's alleged failure to…
Egyptian Mortgage Refinance eyes $25mn bond issuance
The Egyptian Mortgage Refinance Company (EMRC) intends to enter bonds market for the first time with initial issue…
Faisal Islamic offers 3 proposals to activate central bank’s mortgage initiative
Faisal Islamic Bank of Egypt is offering the country’s central bank three proposals to activate the mortgage…
U.S. regulator sues BNY Mellon over $2bn in soured mortgages
A U.S. regulator sued Bank of New York Mellon Corp (BK.N) on Wednesday over $2.06 billion in residential…
Blom Bank Egypt receives 170 applications for Mortgage Finance
Blom Bank Egypt has received 170 applications from its clients to get mortgage after joining Central Bank of…
