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The National Bank of Egypt established three independent units for real estate financing on October 6, Ramadan 10 and the Minya Industrial Zone.
The total loans granted by the bank to low and middle income countries reached 3.6 billion. The Central Bank of Egypt
The average amount granted by the bank during the months of May and June 2018 about 2500 units with a total cost of 250 million pounds per month alone.
Yahya Abul Fotouh, Vice President of the National Bank of Egypt Currently, about 10,409 files are being studied for a total value of about It added that 34 antennas were distributed in 23 governorates throughout the country to take up the social housing program and three sectors have been established at the bank's headquarters to speed up the process.
Hisham Okasha, chairman of the board of directors of the National Bank of Egypt, said the Bank is setting up mortgage financing activities, specifically targeting low-income groups in its priorities, where she is still eager to support this wallet
The National Bank of Egypt won first place in the mortgage financing system at the end of May for the seventh consecutive month, surpbading all the banks involved in the system.
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