
14 banks finance 62,000 housing units with EGP 5bn within CBE initiative: Abdel Hameed
Head of the Mortgage Finance Fund Mai Abdel Hameed said that 14 banks pumped EGP 5bn into financing 62,000 housing units within the framework of the initiative by the Central Bank of Egypt (CBE) launched in February 2014 to finance the low- and middle-income housing. She added that the fund provided EGP 1.1bn of cash …