2021-10-04

A circular dated October 4, 2021 regarding amending the real estate financing initiative for middle-income people at a return rate of 8%

The letter, dated October 4, 2021, announces amendments to the real estate financing initiative launched in December 2019, which allocated 50 billion Egyptian pounds through banks to middle-income individuals and families. The amendments include increasing the maximum unit price, removing the maximum net unit area limit, and extending the maximum financing period to 25 years.

Egypt

Central Bank of Egypt

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