Top 10 Mortgage Finance Heads in the Egyptian Banking Sector for 2025

The real estate finance sector is one of the core pillars of economic activity, given its pivotal role in stimulating investments, energizing the construction and urban development sector, and expanding homeownership, in addition to its contribution to integrating new customer segments into the banking system within the framework of mortgage finance initiatives.

In this context, a group of leaders in the mortgage finance sector stood out during 2025, having achieved exceptional results supported by well-studied expansion strategies and strong operational performance.

Accordingly, First Bank highlights the Top 10 Mortgage Finance Heads in the Egyptian Banking Sector for 2025, based on a set of precise professional criteria, including the size of the mortgage loan portfolio, its growth rate, and the absolute increase during the first nine months of 2025.

The ranking is limited to leaders who spent a full nine months of 2025 in their positions, to ensure accuracy of comparison and credibility of the assessment.

Naniss Siam – Leading the Largest Mortgage Portfolio in the Sector

Naniss Siam, Deputy General Manager for National, Mortgage, and Auto Products, as well as Retail Banking Products and Financial Inclusion, manages the largest mortgage finance portfolio in the Egyptian banking market. She relies on a clear strategic vision centered on product diversification and expanding the customer base, alongside adopting flexible financing solutions that align with the needs of various segments, particularly middle- and low-income groups.

She also played a pivotal role in maximizing the benefits of the Central Bank of Egypt’s mortgage initiatives, while developing balanced pricing and risk mechanisms that preserved portfolio quality and sustainable growth, in parallel with enhancing financial inclusion and supporting digital transformation across application and assessment channels. This contributed to reinforcing the bank’s position as a key player in the retail banking market.

As a result of these efforts, the mortgage loan portfolio at the National Bank of Egypt rose to EGP 24.48 bn by the end of September 2025, compared with EGP 22.57 bn at the end of 2024, representing a growth rate of 8.5% and an increase of EGP 1.91 bn during the first nine months of the year.

Hassan Talaat – Managing a Massive Portfolio with Professionalism

Hassan Talaat, Head of Mortgage Finance at Banque Misr, focused his strategy on supporting social and middle-income housing projects, adopting an approach aimed at simplifying loan approval procedures within the framework of mortgage finance initiatives. This ensured access to various segments of society and expanded the beneficiary base.

His efforts also contributed to establishing a specialized central mortgage finance department that brings together all related divisions and units under one roof, enhancing operational efficiency and speed of decision-making, while targeting portfolio growth and strengthening the bank’s market share in this activity.

Accordingly, the mortgage finance portfolio rose to EGP 23.83 bn by the end of September 2025, compared with EGP 20.97 bn at the end of 2024, reflecting a growth rate of 13.6% and a total increase of EGP 2.86 bn.

Marian Fahmy – The Largest Portfolio among Private-Sector Banks

Marian Fahmy, Head of Mortgage Finance at QNB Egypt, is one of the most prominent mortgage finance leaders in Egypt, managing the largest mortgage portfolio among private-sector banks.

Under her leadership, the portfolio recorded remarkable growth through the development of innovative financing products that facilitate homeownership, reflecting her ability to drive growth and enhance competition in the mortgage finance sector.

Her efforts resulted in the portfolio increasing to EGP 10.96 bn by the end of September 2025, compared with EGP 8.40 bn at the end of 2024, achieving a growth rate of 30.5% and an absolute increase of EGP 2.57 bn.

This strong performance led the bank to record its fastest quarterly growth in five years and to top First Bank’s list of Egyptian Exchange-listed banks with the fastest growth in mortgage finance during the first nine months of 2025.

Ramy El-Khanagry – Managing a Large Portfolio with High Efficiency

Ramy El-Khanagry, Head of Mortgage Finance at the Commercial International Bank (CIB), succeeded in professionally managing one of the largest mortgage loan portfolios in the Egyptian market, while leading the bank’s direction toward offering new and diversified financing solutions that meet the needs of a wide range of customers, with particular focus on premium and sustainable housing projects.

He also contributed to enhancing operational efficiency through the use of digital tools to simplify workflows and accelerate mortgage approval procedures, in addition to building strategic alliances with major real estate developers to support national projects and modern urban communities. This strengthened the bank’s position as an influential force in the Egyptian mortgage finance market.

As a result, the mortgage portfolio rose to EGP 7.39 bn by the end of September 2025, compared with EGP 5.77 bn at the end of 2024, representing a growth rate of 28.1% and an increase of EGP 1.62 bn, ranking second on First Bank’s list of the fastest-growing Egyptian Exchange-listed banks in mortgage finance during the first nine months of 2025.

Bishoy Zakhary – Fastest-Growing Bank in Mortgage Finance

Bishoy Zakhary, Head of Mortgage Finance at National Bank of Kuwait – Egypt, delivered a standout performance that strengthened the bank’s position among the fastest-growing institutions in mortgage finance, leveraging the expansion of diversified financing programs tailored to different customer segments.

Accordingly, the bank’s mortgage portfolio rose to EGP 3.12 bn by the end of September 2025, compared with EGP 1.78 bn at the end of 2024, representing growth of approximately 75.9% and an absolute increase of EGP 1.35 bn.

This strong performance placed the bank at the top of First Bank’s list of the fastest-growing banks in mortgage finance during the first nine months of 2025.

This growth reflects the efficiency of the adopted strategy in managing the mortgage portfolio, along with a focus on speed of procedures and service quality, enabling the bank to capture a larger market share and strengthen its presence in the Egyptian mortgage finance market.

Ayman Mohamed – A Large Mortgage Finance Portfolio

Ayman Mohamed, Head of Mortgage Finance at The United Bank, is considered one of the most prominent banking leaders in mortgage finance in the Egyptian market. His extensive experience contributed to steering the bank’s mortgage portfolio toward achieving strong and sustainable growth rates.

His efforts led to an increase in the mortgage portfolio to EGP 3.45 bn by the end of September 2025, compared with EGP 3.01 bn at the end of 2024, reflecting a growth rate of 14.6% and an increase of approximately EGP 439.46 mn.

The notable growth in the bank’s mortgage loan portfolio reflects the adoption of well-studied strategies and innovative operational approaches led by Ayman Mohamed, focusing on strengthening customer trust, simplifying financing procedures, and expanding the beneficiary base, thereby enhancing The United Bank’s competitiveness in this vital sector.

Mostafa El-Shazly – Among the Fastest-Growing Banks in Mortgage Finance

Mostafa El-Shazly, Head of Mortgage Finance at BANK NXT, succeeded in leading the sector toward achieving notable growth rates, based on an expansion strategy focused on product diversification, targeting new customer segments, and strengthening partnerships with major real estate developers.

He also worked on developing internal processes and improving the efficiency of approval and disbursement procedures, accelerating the financing cycle and enhancing customer experience, while maintaining a balanced approach between expansion and execution quality. This strengthened the bank’s position as a rising player in the mortgage finance market and supported its competitive capabilities in a rapidly growing sector.

As a result, the mortgage portfolio rose to EGP 2.60 bn by the end of September 2025, compared with EGP 1.80 bn at the end of 2024, representing growth of approximately 44.2% and an absolute increase of EGP 797.93 mn, ranking second on First Bank’s list of the fastest-growing banks in mortgage finance during the first nine months of 2025.

Essam Taha – A Large Portfolio Managed with High Efficiency

Essam Taha, Head of Auto Loans, Mortgage Finance, and Retail Sales at Crédit Agricole Egypt, succeeded in leading the bank toward achieving notable growth rates in its mortgage loan portfolio, supported by the adoption of advanced credit policies and a clear marketing vision that helped solidify the bank’s position as a leading player in the mortgage finance market.

Thanks to his innovative strategies and effective management, the bank expanded its service scope and customer base, which was clearly reflected in the size of its mortgage portfolio, rising to EGP 1.82 bn by the end of September 2025, compared with EGP 1.48 bn at the end of 2024, achieving a growth rate of 23.3% and an increase of EGP 344.26 mn.

Wael Sadeq – Managing a Large Portfolio and Delivering Strong Results

Wael Sadeq, Head of Mortgage Finance at Housing and Development Bank, adopted a comprehensive strategy aimed at supporting customers in acquiring residential units by offering accessible financing programs aligned with the Central Bank of Egypt’s initiatives, alongside expanding cooperation with real estate developers.

This strategy focused on simplifying procedures, enhancing transparency in financing operations, and leveraging technological solutions to accelerate workflows and improve transaction efficiency. He also developed innovative financing products targeting the affordable housing segment, positively impacting customer experience and stimulating demand for the bank’s real estate products.

These efforts resulted in the mortgage portfolio increasing to EGP 14.32 bn by the end of September 2025, compared with EGP 13.64 bn at the end of 2024, reflecting a growth rate of 5% and an absolute increase of EGP 684.66 mn.

Rania Hanafy – Leading One of the Fastest-Growing Portfolios in the Market

Rania Hanafy, Head of Mortgage Finance at the Arab International Banking Company (saib), distinguished herself by leading one of the fastest-growing mortgage portfolios in Egypt, through a strategy focused on rapid and structured expansion of the customer base and offering flexible mortgage programs aligned with market needs and sector developments.

She also emphasized simplifying procedures, accelerating approval timelines, maximizing the benefits of subsidized mortgage initiatives, and building effective partnerships with real estate developers and marketing companies, supporting accelerated portfolio growth and strengthening the bank’s competitive presence in the mortgage finance market.

This was clearly reflected in the size of the bank’s mortgage loan portfolio, which grew at a rate of 27.5% during the first nine months of the year, reaching approximately EGP 2.11 bn by the end of September 2025, compared with approximately EGP 1.65 bn at the end of 2024.