Banks and companies participating in Egypt’s low- and middle-income mortgage finance initiative injected EGP 104.622bn in financing through April 2026, benefiting approximately 701,917 clients, according to data released by the Social Housing and Mortgage Finance Fund (SHMFF).
The report showed that the 23 participating banks provided around EGP 97.180bn in financing to low-income citizens, benefiting about 668,523 clients and accounting for 92.9% of total financing extended under the initiative. Banks also provided EGP 4.927bn in financing to approximately 13,576 middle-income beneficiaries.
Mortgage finance companies contributed EGP 2.452bn in financing for low-income clients, supporting around 19,304 beneficiaries and representing 2.3% of the initiative’s total financing. They also extended EGP 61.846m in financing to 514 middle-income clients.
Top 10 banks in low-income mortgage finance
According to the fund, the National Bank of Egypt ranked first among participating banks in the low-income mortgage finance initiative, providing EGP 22.959bn in financing to 170,009 clients, representing 21.94% of total financing.
Banque Misr came second with EGP 22.251bn in financing benefiting 158,734 clients and accounting for a 21.2% market share. It was followed by Banque du Caire, which captured an 11.4% share with EGP 11.996bn in financing for 72,037 clients.
Housing and Development Bank ranked fourth with EGP 8.164bn in financing benefiting 77,135 clients, representing 7.8% of total financing. It was followed by QNB Alahli with a 7.51% market share and EGP 7.861bn in financing for 40,097 clients.
In sixth place, Commercial International Bank provided EGP 6.726bn in financing to 36,620 clients, accounting for 6.4% of total funding under the initiative. It was followed by Bank NXT with EGP 2.816bn for 13,786 clients and a 2.6% share.
The United Bank ranked eighth with EGP 2.623bn in financing benefiting 16,838 clients and accounting for 2.51% of total financing. The Industrial Development Bank followed with EGP 2.308bn for 18,932 clients and a 2.21% share.
Rounding out the top 10 was Mashreq Bank Egypt, which extended EGP 1.422bn in financing to 8,010 clients, representing 1.36% of the initiative.
Financing for middle-income beneficiaries
For middle-income clients, Banque du Caire led participating banks with EGP 1.307bn in financing benefiting 3,272 clients.
The National Bank of Egypt followed with EGP 977.931m for 3,026 clients, while Banque Misr ranked third with EGP 800.7m benefiting 2,469 clients.
Housing and Development Bank provided EGP 524.976m in financing to 1,422 clients, while QNB Alahli extended EGP 553.208m to 1,373 beneficiaries.
Commercial International Bank injected EGP 307.390m for 737 clients, followed by Arab African International Bank with EGP 254.498m benefiting 654 clients.
Bank NXT extended EGP 121.292m to 292 clients, followed by The United Bank with EGP 48.089m benefiting 130 clients. Industrial Development Bank provided EGP 29.773m in financing to 195 clients.
Mortgage finance companies
The fund also revealed that the eight mortgage finance companies participating in the low-income initiative injected EGP 2.452bn in financing in November 2025, benefiting approximately 19,304 clients and accounting for 2.3% of total financing.
Al Taamir Mortgage Finance led participating firms with a portfolio worth EGP 968.096m benefiting 7,238 clients, followed by Contact Mortgage Finance with EGP 832.808m benefiting 6,117 clients.
Al Ahly Mortgage Finance ranked third with EGP 285.334m in financing supporting 2,544 clients, followed by Amlak Finance with EGP 240.343m benefiting 2,214 clients.
Tamweel Mortgage Finance provided EGP 50.391m to 453 clients, while the Egyptian Mortgage Finance Company extended EGP 43.042m to 429 clients.
Al Ahly United Mortgage Finance ranked seventh with EGP 19.973m in financing benefiting 200 clients, followed by Arab African International Mortgage Finance with EGP 12.211m supporting 109 clients.
Additionally, Al Taamir Mortgage Finance, Contact Mortgage Finance, Amlak Finance and Tamweel Mortgage Finance collectively injected EGP 61.846m in financing for 514 middle-income clients, representing less than 1% of total financing provided under the initiative.
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