Mai Abdel Hamid, head of Mortgage Finance Fund, revealed that Mortgage financing provided through the top 10 b

First Bank,Egyptian banking sector,Mortgage financing,total customers

The contribution of top 10 banks in Mortgage financing, worth EGP 54.014 bn by July-2023end

FirstBank

Mai Abdel Hamid, head of Mortgage Finance Fund, revealed that Mortgage financing provided through the top 10 banks reached EGP 54.014 bn by the end of July 2023.

She pointed to the increase in Mortgage estate financing provided through 22 banks operating in the Egyptian banking sector to EGP 59.125 bn by the end of July 2023.

She added that the number of customers benefiting from Mortgage financing in banks reached 503.183 thousand customers, accounting for 96.2% 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 July 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 July 2023

# Bank Name Value of Financing Number of customers Ratio%
1 National Bank of Egypt-NBE
National Bank of Egypt-NBE
16.455 Billion pounds 139.7 thousand customer 26.8 %
2 Banque Misr
Banque Misr
14.9 Billion pounds 121.2 thousand customer 24.2 %
3 Housing and Development Bank-HDB
Housing and Development Bank-HDB
6.8 Billion pounds 71.3 thousand customer 11.2 %
4 Banque Du Caire-BDC
Banque Du Caire-BDC
4.05 Billion pounds 39.795 thousand customer 6.6 %
5 Commercial International Bank-CIB
Commercial International Bank-CIB
3.223 Billion pounds 24.443 thousand customer 5.3 %
6 Qatar National Bank-QNB
Qatar National Bank-QNB
2.94 Billion pounds 20.63 thousand customer 4.8 %
7 Industrial Development Bank-IDB
Industrial Development Bank-IDB
1.822 Billion pounds 16.671 thousand customer 3 %
8 The United Bank
The United Bank
1.741 Billion pounds 13.116 thousand customer 2.8 %
9 arab african international bank
arab african international bank
1.202 Billion pounds 10.192 thousand customer 2 %
10 Mashreq Bank Egypt
Mashreq Bank Egypt
878.4 Million pounds 5.438 thousand customer 1.4 %