Within the framework of Banque Misr'sMisr's keenness to contribute to achieving the state's goals of achieving sustainable development, establishing the concept of financial inclusion, and expanding the customer base dealing with banks by reaching the largest segment of customers wishing to obtain real estate financing for residential units, especially those subject to the conditions of the Central Bank'sBank's initiatives, and as an investment in this success, Banque Misr renewed the cooperation protocol with the Social Housing and Mortgage Finance Fund with the highest targeted financing percentage of up to 25 billion Egyptian pounds on Sunday, 3/31/2024, in the presence of Mr. Mohamed Al-Etreby - Chairman of the Board of Directors of the Bank of Egypt, Ms. Mai Abdel. Al-Hamid - Chairman of the Board of Directors of the Social Housing and Mortgage Finance Fund.

Mr. Mohamed Al-Etreby, Chairman of the Board of Directors of Banque Misr, stated that the renewal of the protocol came as a result of the fruitful cooperation efforts between Banque Misr and the Social Housing and Mortgage Finance Fund starting in 2014. He also praised the influential role played by the Fund, which led to achieving these goals. By reaching a large customer base of approximately 135,000 customers, the majority of whom were non-bank customers, The percentage of women also included 25% of the total customers. The total value of the financing granted amounted to more than 18 billion Egyptian pounds, including 8.7 billion Egyptian pounds achieved during the last two years. This contributed to Banque Misr assuming first place among banks participating in real estate financing regarding the value of loans granted in 2023.

For her part, Mrs. Mai Abdel Hamid - Chairman of the Board of Directors of the Social Housing and Mortgage Finance Fund, praised the significant role of the Banque Misr and its being one of the fundamental pillars in the success of the state's plan to provide suitable housing for all Egyptians. She emphasized the successes achieved by the Fund during the previous years, which contributed to achieving the state's vision and achieving its goals. The Fund aims to complement these successes during the coming period by increasing the number of units offered to all categories of people.

Banque Misr'sMisr's signing of this protocol comes as a continuation of its pioneering role in the field of real estate financing, as the bank participated in the initiatives of the Central Bank of Egypt for real estate financing to strengthen the real estate and construction sectors for low- and middle-income people. Banque Misr also offers a variety of real estate financing products, whether through initiatives or outside the framework of initiatives, to suit all segments of its customers and meet their desires to provide suitable housing. The bank also recently launched a new and distinguished product. This "real estate leasing" product conforms to the provisions of Islamic Sharia and is offered through the branches of Islamic transactions, "Kenana."

As a leading banking institution, Banque Misr is always keen to engage in initiatives and protocols that aim to provide services that suit customers' needs, as customer satisfaction is the bank's constant focus of attention, as they are partners in success at all levels.