{"id":638816,"date":"2017-10-15T03:54:26","date_gmt":"2017-10-15T03:54:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/nbe-planning-on-increasing-stake-in-mortgage-finance-fund\/"},"modified":"2017-10-15T03:54:26","modified_gmt":"2017-10-15T03:54:26","slug":"nbe-planning-on-increasing-stake-in-mortgage-finance-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/nbe-planning-on-increasing-stake-in-mortgage-finance-fund\/","title":{"rendered":"NBE planning on increasing stake in Mortgage Finance Fund"},"content":{"rendered":"<p>National Bank of Egypt (NBE) is planning on increasing their exposure to the CBE\u2019s Mortgage Finance Fund to EGP 5 bn, said <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1204961\">Head of Retail Credit Risk Karim Sous<\/a>. The bank had previously injected EGP 2.2 bn into the program and now with the <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/10\/cbe-increases-mortgage-finance-fund-to-egp-20-bn\/\">CBE upping the size<\/a> of the fund to EGP 20 bn it appears NBE is following suit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Bank of Egypt (NBE) is planning on increasing their exposure to the CBE\u2019s Mortgage Finance Fund to EGP 5 bn, said Head of Retail Credit Risk Karim Sous. The bank had previously injected EGP 2.2 bn into the program and now with the CBE upping the size of the fund to EGP 20 bn [&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-638816","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"8c834ea2-82ae-4aa8-8dae-7d714d19319f","order":"0","is_powered_by":true,"section_story_id":"906ca1b7-436d-4296-bef5-72bbff271d10","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638773],"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>NBE planning on increasing stake in Mortgage Finance Fund - 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\/2017\/10\/15\/nbe-planning-on-increasing-stake-in-mortgage-finance-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE planning on increasing stake in Mortgage Finance Fund\" \/>\n<meta property=\"og:description\" content=\"National Bank of Egypt (NBE) is planning on increasing their exposure to the CBE\u2019s Mortgage Finance Fund to EGP 5 bn, said Head of Retail Credit Risk Karim Sous. The bank had previously injected EGP 2.2 bn into the program and now with the CBE upping the size of the fund to EGP 20 bn [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/nbe-planning-on-increasing-stake-in-mortgage-finance-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-15T03:54:26+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\/2017\/10\/15\/nbe-planning-on-increasing-stake-in-mortgage-finance-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/nbe-planning-on-increasing-stake-in-mortgage-finance-fund\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE planning on increasing stake in Mortgage Finance Fund\",\"datePublished\":\"2017-10-15T03:54:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/nbe-planning-on-increasing-stake-in-mortgage-finance-fund\/\"},\"wordCount\":68,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/nbe-planning-on-increasing-stake-in-mortgage-finance-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/nbe-planning-on-increasing-stake-in-mortgage-finance-fund\/\",\"name\":\"NBE planning on increasing stake in Mortgage Finance Fund - 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The company, formerly known as the Saudi Egyptian Construction Company, will use the loan to fund\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":569555,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/27\/nbe-signs-egp-1-bn-credit-facility-with-fiber-misr\/","url_meta":{"origin":638816,"position":2},"title":"NBE signs EGP 1 bn credit facility with Fiber Misr","author":"enterpriseam admin","date":"27 February 2020","format":false,"excerpt":"The National Bank of Egypt (NBE) has signed a EGP 1 bn credit facility agreement with IT firm Fiber Misr, Masrawy reports. Fiber\u2019s VP, Hassan El Sokkary, said the loan will help fund a number of projects it has been recently awarded but did not provide specifics.","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":593882,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/saudi-egyptian-construction-co-signs-egp-1-bn-loan-agreement-with-nbe\/","url_meta":{"origin":638816,"position":3},"title":"Saudi Egyptian Construction Co signs EGP 1 bn loan agreement with NBE","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"The Saudi Egyptian Construction Company (SECON) has signed a EGP 1 bn loan agreement with the National Bank of Egypt (NBE) to finance works at its SECON Nile Towers project, Secon CEO Mohamed Al Taher said. 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