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حسام السعيد 03-25-2014 06:28 PM

3 billion pounds stake in Banque Misr Real Estate Finance Initiative
 
3 billion pounds stake in Banque Misr Real Estate Finance Initiative

This news was posted on the HMS Egyptians today March 25, 2014

Said Bank of Egypt , on Tuesday , said that in his desire to contribute to advancing development Bank is involved in the initiative of Central Bank of Egypt to revitalize the real estate finance for low and middle income and allocates the amount of 3 billion pounds chipset installed the first of this initiative are granted loans mortgage finance for individuals .

And begin the initiative in the first in April 2014 and characterized by low interest rate applicable to the loan and the length of the repayment period by up to 20 years , and worthy of mentioning that the initiative includes all the new cities on the level of the Republic ( October 6 - Tenth of Ramadan - May 15 - Sadat - transit - Badr City - new Minya - new Beni Suef - new Fayoum - Sohag new - new conf - Qena new - new good ) .

Talkie initiative Dual customers low-income and middle -income , for low-income shall not exceed the monthly income 1750 pounds per capita or 2500 pounds for the family , and have the interest rate on the loan of 7% annually decreasing the maximum loan to value of 120 thousand pounds , and worthy of mentioning that the Support and Guarantee Fund finance activity Estate participates initiative through the provision of cash support up to 25 thousand Egyptian pounds .

As for the middle- income , newly not exceeded monthly income of 8 thousand LE for single or 10 thousand pounds for the family and have the interest rate on the loan is 8 % per annum decreasing the maximum loan to value 270 thousand pounds but not more than the value of the housing unit for 300 thousand Egyptian pounds.

Programs have been designed to suit the different finance all segments of society from government employees and the public , private and self-employed business activities , has been taking into account that met less documents of clients with streamlining the procedures for obtaining loans.

د/ إلهام 03-26-2014 02:17 AM

رد: 3 billion pounds stake in Banque Misr Real Estate Finance Initiative
 
Thanks for the news
Good follow-up from you
Greetings


الساعة الآن 11:29 AM

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