Regulatory Alerts2025-11-04
Added · Updated
Exclusion of Housing for All Egyptians Initiative Clients from Real Estate Financing Interest Rate Adjustments
The Council of Ministers approved that amendments to real estate financing interest rates do not apply to customers who previously submitted reservations through the Housing for All Egyptians Initiative advertisements No. (1-2-3). These excluded customers retain the interest rates of (3%, 8%) decreasing for low- and middle-income individuals as established by the Central Bank of Egypt initiatives and prior Council of Ministers decisions. Banks are required to comply with this exclusion when applying the new rates.
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Cairo, November 4, 2025.
Mr. Professor/ Chairman of the Board of Directors
Bank
Greetings,
Referring to the circular dated October 16, 2025, regarding the approval of the Council of Ministers to amend the interest rates on
the real estate financing initiative for middle-income individuals issued under the circular dated December 19, 2019, and its amendments, as well as
the real estate financing initiative for low- and middle-income individuals issued under the circular dated July 13, 2021,
to become (8%, 12%) decreasing instead of (3%, 8%) decreasing, respectively.
Please note that the Council of Ministers has approved in its session No. (63) dated October 22, 2025, the following:
"These amendments do not apply to customers who have previously applied for reservations through the "Housing for All Egyptians" initiative No. (1-2-3)
previously offered at an interest rate of (3%, 8%) decreasing for low- and middle-income individuals, according to the initiatives of the Central Bank of Egypt
referred to and according to the decisions of the Council of Ministers issued in this regard."
Please kindly take note to comply with the above.
With best regards,
Tarek El-Khouly
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Source: Central Bank of Egypt — original document
Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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