{"id":594290,"date":"2019-10-24T03:57:00","date_gmt":"2019-10-24T03:57:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/cbe-extends-egp-235-mn-in-mortgage-financing\/"},"modified":"2019-10-24T03:57:00","modified_gmt":"2019-10-24T03:57:00","slug":"cbe-extends-egp-235-mn-in-mortgage-financing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/cbe-extends-egp-235-mn-in-mortgage-financing\/","title":{"rendered":"CBE extends EGP 235 mn in mortgage financing"},"content":{"rendered":"<p>The Central Bank of Egypt (CBE) has extended an additional EGP 235 mn to mortgage companies to provide subsidized loans for middle-income homebuyers., Mortgage Finance Fund Chairwoman May Abdel Hamid <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2019\/10\/23\/1657641\/%D9%85%D9%8A-%D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D8%AD%D9%85%D9%8A%D8%AF-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D8%B6%D8%AE-235-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84#sectionListing\">told Masrawy reporters<\/a>. The CBE <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/02\/central-bank-to-subsidize-middle-income-housing-mortgage-with-egp-50-bn\/\">recently renewed<\/a> its mortgage financing program that originally ran from 2014 until January this year, and said it will provide EGP 50 bn to the fund.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Egypt (CBE) has extended an additional EGP 235 mn to mortgage companies to provide subsidized loans for middle-income homebuyers., Mortgage Finance Fund Chairwoman May Abdel Hamid told Masrawy reporters. The CBE recently renewed its mortgage financing program that originally ran from 2014 until January this year, and said it will provide [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,7087,8276,2401,2402,190],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594290","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-finance","tag-housing","tag-mortgage-finance-fund","tag-real-estate-housing","tag-social-welfare","wpautop","entry"],"acf":{"mongo_id":"985dc743-ff12-4063-925c-0bc88c059d1d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594261],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CBE extends EGP 235 mn in mortgage financing - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/cbe-extends-egp-235-mn-in-mortgage-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE extends EGP 235 mn in mortgage financing\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Egypt (CBE) has extended an additional EGP 235 mn to mortgage companies to provide subsidized loans for middle-income homebuyers., Mortgage Finance Fund Chairwoman May Abdel Hamid told Masrawy reporters. The CBE recently renewed its mortgage financing program that originally ran from 2014 until January this year, and said it will provide [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/cbe-extends-egp-235-mn-in-mortgage-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-24T03:57:00+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/cbe-extends-egp-235-mn-in-mortgage-financing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/cbe-extends-egp-235-mn-in-mortgage-financing\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE extends EGP 235 mn in mortgage financing\",\"datePublished\":\"2019-10-24T03:57:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/cbe-extends-egp-235-mn-in-mortgage-financing\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Finance\",\"housing\",\"Mortgage Finance Fund\",\"Real Estate + Housing\",\"social welfare\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/cbe-extends-egp-235-mn-in-mortgage-financing\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/cbe-extends-egp-235-mn-in-mortgage-financing\/\",\"name\":\"CBE extends EGP 235 mn in mortgage financing - 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Under the cooperation protocol signed earlier this week, SODIC clients will be able to purchase ready-for-delivery homes with\u2026","rel":"","context":"In &quot;Real estate&quot;","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/106.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568791,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/central-bank-of-egypt-to-launch-mortgage-finance-program-in-march\/","url_meta":{"origin":594290,"position":1},"title":"Central Bank of Egypt to launch mortgage finance program in March","author":"enterpriseam admin","date":"4 February 2020","format":false,"excerpt":"CBE to launch mortgage finance program next month: The Central Bank of Egypt (CBE) is finalizing its mortgage finance program with several banks ahead of launching it in March, Mubasher reports, citing unnamed sources in the know. 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A committee with members from the central bank, local banks, and real estate developers will be formed to discuss the specifics of the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569319,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/central-bank-of-egypt-launches-its-mortgage-finance-program\/","url_meta":{"origin":594290,"position":3},"title":"Central Bank of Egypt launches its mortgage finance program","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"The Central Bank of Egypt (CBE) has launched its EGP 50 bn mortgage finance program for middle-income housing ahead of schedule, Deputy Governor Gamal Negm said, according to Hapi Journal. 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The move is meant to help homeowners making\u2026","rel":"","context":"In &quot;SPEED ROUND: WELFARE&quot;","block_context":{"text":"SPEED ROUND: WELFARE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-welfare\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572404,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/23\/banque-misr-fei-ink-cooperation-protocol-to-extend-cbe-backed-home-loans\/","url_meta":{"origin":594290,"position":5},"title":"Banque Misr, FEI ink cooperation protocol to extend CBE-backed home loans","author":"enterpriseam admin","date":"23 June 2020","format":false,"excerpt":"State-owned Banque Misr and the Federation of Egyptian Industries\u2019 real estate division have signed a cooperation agreement to expand mortgage lending to middle-income families through a CBE-backed EGP 50 bn package and BM\u2019s own real estate financing products, Youm7reports. 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