Mortgage Finance Companies Inject EGP 2.5 Billion into Low- and Middle-Income Initiative

By the end of June 2025, mortgage finance companies had injected approximately EGP 2.513 billion into the mortgage finance initiative targeting low- and middle-income groups.

By the end of June 2025, mortgage finance companies had injected approximately EGP 2.513 billion into the mortgage finance initiative targeting low- and middle-income groups. According to a report from the Social Housing and Real Estate Finance Support Fund, around 19,800 clients benefited from the initiative.

Eight companies participating in the initiative disbursed EGP 2.45 billion to low-income clients and EGP 61.5 million to middle-income clients. These companies accounted for 2.9% and 2.1% of the total mortgage financing for low- and middle-income groups, respectively.

Mortgage Finance Companies Inject EGP 2.5 Billion into Low- and Middle-Income Initiative

At the top of the list was Al Taamir Mortgage Finance Company, which provided EGP 968.1 million in financing to low-income clients and EGP 23.8 million to middle-income clients. It was followed by Contact Mortgage Finance Company, which offered EGP 832.8 million to low-income clients and EGP 5.9 million to middle-income clients.

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