Banks and mortgage finance companies in Egypt have injected a total of EGP 99.547bn into low- and middle-income mortgage initiatives, benefiting around 683,296 people as of January 2026, according to the Social Housing and Mortgage Finance Fund.
The Social Housing and Mortgage Finance Fund reported that banks and mortgage finance companies have provided EGP 94.868bn in financing for low-income beneficiaries under Egypt's mortgage initiatives, reaching 669,992 clients with an average of EGP 141,596 per beneficiary. For middle-income groups, financing totaled EGP 4.679bn for 13,304 clients, averaging EGP 351,723 each. Subsidies distributed amounted to EGP 10.399bn, with an average of EGP 15,522 per low-income recipient.
Twenty-two banks contributed EGP 92.416bn to low-income financing, benefiting 650,688 people, and EGP 4.617bn to middle-income for 12,790 beneficiaries. The National Bank of Egypt led with EGP 21.996bn for 166,250 beneficiaries (22.10% share), followed by Banque Misr at EGP 21.522bn for 155,676 (21.62%), and Banque du Caire with EGP 11.029bn for 68,517 (11.08%).
In the middle-income initiative, Banque du Caire topped with EGP 1.238bn for 3,104 beneficiaries, followed by the National Bank of Egypt with EGP 917.219m for 2,866. Eight mortgage finance companies injected EGP 2.452bn for low-income, aiding 19,304 people, led by Tameer Mortgage at EGP 968.096m for 7,238. Some companies also provided EGP 61.846m for 514 middle-income beneficiaries.
This financing underscores efforts to bolster affordable housing, with low-income support comprising 92.8% of the total.