2014-05-15

The second addition to the real estate financing initiative for the benefit of low- and middle-income people

The letter outlines the rules and procedures for a real estate financing initiative for limited and moderate-income individuals in Egypt. It includes details on the required messages and procedures for banks to follow when requesting funds from the Central Bank of Egypt, including the format and content of SWIFT messages. The letter also emphasizes the importance of staff awareness of the initiative's terms and conditions to ensure smooth implementation and maximize client benefits.

Tags
monetary
credit
disclosure