The contribution of top 10 banks in Mortgage financing, worth EGP52.821 bn by June-2023end
First Bank
Mai Abdel Hamid, head of Mortgage Finance Fund, revealed that Mortgage financing provided through the top 10 banks reached EGP52.821 bn by the end of June 2023.
She pointed to the increase in Mortgage estate financing provided through 22 banks operating in the Egyptian banking sector to EGP57.740 bn by the end of June 2023.
She added that the number of customers benefiting from Mortgage financing in banks reached 494.492 thousand customers, accounting for 96.1% of total customers benefiting from Mortgage financing during the past month.
First Bank monitors the volume of contribution of top 10 banks in Mortgage financing by the end of June last month, and the number of customers benefiting from each bank, and its percentage of total Mortgage financing:
contribution of top 10 banks in Mortgage financing during June 2023
| # | Bank Name | Value of Financing | Number of customers | Ratio% |
|---|---|---|---|---|
| 1 |
National Bank of Egypt-NBE |
16.159 Billion pounds | 137.959 thousand customer | 26.9 % |
| 2 |
Banque Misr |
14.473 Billion pounds | 118.343 thousand customer | 24.1 % |
| 3 |
Housing and Development Bank-HDB |
6.803 Billion pounds | 71.088 thousand customer | 11.3 % |
| 4 |
Banque Du Caire-BDC |
3.831 Billion pounds | 38.424 thousand customer | 11.3 % |
| 5 |
Commercial International Bank-CIB |
3.19 Billion pounds | 24.254 thousand customer | 6.4 % |
| 6 |
Qatar National Bank-QNB Al Ahli |
2.812 Billion pounds | 19.825 thousand customer | 5.3 % |
| 7 |
Industrial Development Bank-IDB |
1.805 Billion pounds | 16.564 thousand customer | 4.7 % |
| 8 |
The United Bank |
1.724 Billion pounds | 13.001 thousand customer | 3 % |
| 9 |
arab african international bank |
1.192 Billion pounds | 10.139 thousand customer | 2.9 % |
| 10 |
Mashreq Bank Egypt |
832.284 million pounds | 5.199 thousand customer | 2 % |
