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A Gold Key Gift with Banque Misr Real Estate Financing

Aug 26, 2024 01:00 PM

As part of Banque Misr’s commitment to providing tailored financial solutions that meet client needs, the bank has introduced an exclusive real estate financing offer, covering up to 80% of the property value. Clients can enjoy a repayment period of up to 180 months at a competitive interest rate and minimal administrative fees. The offer also includes complimentary life and total disability insurance.

Real estate financing is available through Banque Misr’s nationwide branch network or via Ijara financing at Kenana Islamic Banking branches. Financing is offered for both residential and coastal properties, with the option for joint financing for spouses if the wife is employed.

Clients receiving real estate financing of EGP 10 million or more will be eligible for a gold key gift. The offer is valid until the end of September 2024.

This offer builds on Banque Misr’s strong performance in real estate financing. In 2023, the bank secured the top position in the market for the highest value of real estate loans granted, disbursing over EGP 4 billion during the year. Banque Misr also achieved a 30% growth in its real estate financing portfolio compared to 2022.

The bank’s total real estate financing portfolio reached nearly EGP 20 billion, serving more than 137,000 clients across all segments of society. Banque Misr’s real estate financing portfolio is one of the largest in the market, among both banks and mortgage finance companies.

Banque Misr offers a variety of real estate financing programs, whether under the Central Bank of Egypt’s real estate financing initiative or through its own tailored programs. These programs aim to provide financial facilities to stimulate the real estate market.

The bank’s strong focus on real estate financing reflects its belief in the importance of revitalizing Egypt’s real estate sector, which is one of the most influential components of the national economy, in addition to being closely linked to a wide range of related industries and activities, which Banque Misr is keen to finance. This approach also helps create job opportunities across various fields, thereby actively contributing to the country’s development plans.

Banque Misr remains committed to playing a vital role in supporting activities that contribute to improving the quality of life for Egyptian citizens. The bank continuously works to provide modern and easily accessible banking and financial services, focusing on enhancing service quality and ensuring long-term success.

As part of this commitment, Banque Misr actively participates in initiatives and partnerships aimed at offering services that meet client needs. Client satisfaction is always at the core of the bank’s strategy, as its clients are key partners in its success at every level. Acting as a catalyst for national and strategic development, the bank is driven by its belief in sustainability and continuous development.