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.

The Governor of the Central Bank of Egypt in Cairo, on March 26, 2014: Dear gentlemen, According to your request dated February 19, 2014, for amending the first tranche of the housing initiative targeting low-income and middle-income individuals in various governorates, which allows it to be applied in some housing projects, the Board of Directors of the Central Bank of Egypt, after convening on March 26, 2014, has decided to amend the first tranche of the initiative by adding housing projects targeting low-income and middle-income individuals in various governorates, which can benefit from this initiative. Kindly accept my deepest regards, Hesham Ramez Abd El Hafiz

Egypt

Central Bank of Egypt

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