2014-03-31

Adding housing projects established for low- and middle-income people in the various governorates of the Republic to the projects that can be benefited from within the framework of the real estate financing initiative.

In a letter dated March 26, 2014, the Governor of the Central Bank of Egypt, Hisham Ramez, announces an amendment to the initiative to stimulate the real estate financing sector for low- and middle-income individuals. The amendment, decided at a meeting on March 20, 2014, adds housing projects for low- and middle-income individuals in various governorates to the list of projects eligible for benefits under the initiative.

Tags
monetary
credit