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Banque Misr Signs Cooperation Protocol with Dubizzle to Support Real Estate Finance Services

Jul 28, 2025 01:00 PM

In line with Bank Misr's commitment to providing innovative solutions in the real estate finance sector, the bank signed a cooperation protocol with "Dubizzle Egypt," the leading classifieds platform in Egypt. This aims to enhance access to real estate finance services by enabling customers to estimate their potential real estate financing and communicate directly with the bank through the platform.

The signing of this protocol comes within the framework of the bank's support for efforts to boost the national economy and contribute to achieving Egypt's Vision 2030. This is done by facilitating citizens' access to real estate finance services and adopting digital tools that enhance user experience and reduce traditional challenges. Customers interested in purchasing real estate units can benefit from exclusive financing offers and advantages provided by the bank, tailored to their different needs. This partnership targets supporting the state's directives in promoting Egyptian real estate regionally and internationally, especially among Egyptians working abroad, in addition to boosting foreign investment attraction to the real estate sector, by leveraging Dubizzle's wide reach both locally and internationally.

Ms. Hind Fahmy, Head of Financial Inclusion and Real Estate Finance Sector at Bank Misr, stated that this partnership is part of the bank's keenness to support the real estate sector and facilitate access to innovative real estate financing solutions that suit customers' needs. She added that this partnership will improve customer experience and make real estate finance more accessible, while also enhancing financial inclusion in the Egyptian market. Ms. Fahmy also announced that the total real estate finance portfolio at the bank reached approximately EGP 20.9 billion by the end of 2024, serving over 146,000 clients through a comprehensive package of financing programs that meet the needs of various community segments.

Commenting on this, Mr. Guy Farhat, Vice President of Sales and General Manager at "Dubizzle Egypt," said, "We are keen to build strategic partnerships with leading institutions that contribute to providing smart and integrated solutions for users. The inclusion of Bank Misr's real estate finance calculator on our platform represents an important step towards transforming Dubizzle into a comprehensive real estate portal, helping users make decisions confidently and quickly. Through this partnership, we aim to facilitate access to financing solutions in a more transparent and smooth manner, reflecting the fruitful integration between the banking sector and digital platforms, and supporting efforts to enhance financial inclusion in Egypt."

It is worth noting that Bank Misr places great importance on the real estate sector, and the bank offers diverse real estate financing programs to meet the different needs of customers. The bank always strives to enhance the excellence of its services and maintain its long-term success, actively participating in services that meet its customers' needs, as its values and operational strategies always reflect its commitment to sustainable development and prosperity for Egypt.