{"id":628389,"date":"2018-05-02T04:18:50","date_gmt":"2018-05-02T04:18:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm\/"},"modified":"2018-05-02T04:18:50","modified_gmt":"2018-05-02T04:18:50","slug":"banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm\/","title":{"rendered":"Banque Misr remains undecided on whether to establish an independent mortgage financing arm"},"content":{"rendered":"<p>Banque Misr has yet to decide whether it will establish an independent mortgage financing arm, and is looking into the possibility of adding mortgage financing services to the already-established BM Lease, Chairman Mohamed El Etreby <a href=\"http:\/\/www.almalnews.com\/Story\/374471\/12\/%D8%A8%D9%86%D9%83-%D9%85%D8%B5%D8%B1--%D9%86%D9%81%D8%A7%D8%B6%D9%84-%D8%A8%D9%8A%D9%86-%D8%AA%D8%A3%D8%B3%D9%8A%D8%B3-%D8%B4%D8%B1%D9%83%D8%A9-%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%B9%D9%82%D8%A7%D8%B1%D9%89-%D8%A3%D9%88-%D8%A5%D8%B6%D8%A7%D9%81%D8%A9-%D8%A7%D9%84%D9%86%D8%B4%D8%A7%D8%B7-%D9%84%D9%80-BM-\">told Al Mal on Monday<\/a>. Unnamed bank officials <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/29\/banque-misr-abandons-plans-to-establish-independent-mortgage-finance-arm\/\">had said last year<\/a> that management found the decision untimely and decided instead to opt for the latter option <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/\">under the central bank\u2019s EGP 20 bn Mortgage Finance Fund<\/a>. El Etreby <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/15\/banque-misr-to-establish-mortgage-financing-arm\/\">had first announced<\/a> the bank\u2019s plan to set up the mortgage financing arm last May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque Misr has yet to decide whether it will establish an independent mortgage financing arm, and is looking into the possibility of adding mortgage financing services to the already-established BM Lease, Chairman Mohamed El Etreby told Al Mal on Monday. Unnamed bank officials had said last year that management found the decision untimely and decided [&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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628389","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"061e8986-220a-41dc-b96f-dfeba436ac78","order":"0","is_powered_by":true,"section_story_id":"fd535296-56de-4f87-a6cb-2a42eade9734","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628355],"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>Banque Misr remains undecided on whether to establish an independent mortgage financing arm - 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\/2018\/05\/02\/banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr remains undecided on whether to establish an independent mortgage financing arm\" \/>\n<meta property=\"og:description\" content=\"Banque Misr has yet to decide whether it will establish an independent mortgage financing arm, and is looking into the possibility of adding mortgage financing services to the already-established BM Lease, Chairman Mohamed El Etreby told Al Mal on Monday. Unnamed bank officials had said last year that management found the decision untimely and decided [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-02T04:18:50+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\/2018\/05\/02\/banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr remains undecided on whether to establish an independent mortgage financing arm\",\"datePublished\":\"2018-05-02T04:18:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm\/\"},\"wordCount\":103,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/banque-misr-remains-undecided-on-whether-to-establish-an-independent-mortgage-financing-arm\/\",\"name\":\"Banque Misr remains undecided on whether to establish an independent mortgage financing arm - 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Management found the decision currently untimely and decided instead to extending mortgage finance facilities, under the central bank\u2019s initiative, through its existing administration, an unnamed bank\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647606,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/banque-misr-to-establish-mortgage-financing-arm\/","url_meta":{"origin":628389,"position":1},"title":"Banque Misr to establish mortgage financing arm","author":"enterpriseam admin","date":"15 May 2017","format":false,"excerpt":"With the CBE promoting mortgages for low- and middle-income earners, Banque Misr plans on establishing a mortgage financing arm, bank Chairman Mohamed El Etreby tells Al Borsa.","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569417,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/banque-misr-looks-to-borrow-usd-250-mn-for-africa-expansion\/","url_meta":{"origin":628389,"position":2},"title":"Banque Misr looks to borrow USD 250 mn for Africa expansion","author":"enterpriseam admin","date":"24 February 2020","format":false,"excerpt":"Banque Misr eyes USD 250 mn loan for SME finance: Banque Misr is in talks with two unnamed international institutions for a USD 250 mn loan to increase its SME financing in Egypt, Chairman Mohamed El Etreby tells Bloomberg. The bank recently signed an agreement with the European Investment Bank\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\/2020\/2\/297.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591347,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/five-banks-launch-electronic-payment-of-mortgage-installments\/","url_meta":{"origin":628389,"position":3},"title":"Five banks launch electronic payment of mortgage installments","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"Five banks began on Sunday collecting mortgage payments electronically under the Central Bank of Egypt (CBE) and Mortgage Finance Fund\u2019s initiative, according to the local press. The National Bank of Egypt, Banque Misr, Banque du Caire, CIB, and the Housing and Development Bank now allow borrowers with subsidized home loans\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546539,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/19\/mohamed-el-etreby-appointed-uab-chairman\/","url_meta":{"origin":628389,"position":4},"title":"Mohamed El Etreby appointed UAB chairman","author":"enterpriseam admin","date":"19 May 2022","format":false,"excerpt":"Banque Misr\u2019s El Etreby named UAB head: Banque Misr Chairman Mohamed El Etreby (bio) has been selected to succeed Sheikh Mohamed El Jarrah Al Sabbah as the head of the Union of Arab Banks (UAB) for a three-year term, according to a statement. 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