Five banks have successfully provided mortgage financing for low-income individuals, reaching approximately EGP 60.2 billion, according to a statement issued by the Social Housing Fund at the end of February.
National Bank of Egypt Leads the Market
The National Bank of Egypt topped the list, granting mortgage loans worth EGP 19.9 billion under the social housing program. A total of 157.5 thousand customers benefited from these loans, giving the bank a market share of 24.4%.
Banque Misr Secures Second Place
Banque Misr ranked second, offering mortgage financing worth EGP 18.8 billion to 144 thousand customers under the Social Housing Fund. This achievement granted the bank a market share of 23.1%.
Banque du Caire Takes Third Spot
Banque du Caire secured the third position by providing EGP 8.3 billion in mortgage loans to 58.6 thousand customers, giving it a market share of 10.2% in the low-income mortgage sector.
Housing & Development Bank in Fourth Place
Housing & Development Bank came in fourth, offering financing worth EGP 7.8 billion to 757 customers, achieving a market share of 9.6%.
QNB Alahli Ranks Fifth
Finally, QNB Alahli secured the fifth position, providing mortgage loans worth EGP 5.4 billion to approximately 31.51 thousand customers, attaining a market share of 6.7%.
