See the opinions of Hesham Talaat Moustafa and real estate developers on the Real Estate Finance initiative

Businessman Hesham Talaat Moustafa, CEO of Hisham Talaat Moustafa Holding Group, welcomed the Central Bank’s initiative on land financing, to allocate 50 billion pounds to finance the acquisition of housing units for middle income with a tenth diminishing interest until 20 years.

هشام طلعت مصطفى

Hisham Talaat Moustafa هشام طلعت مصطفى involved such an initiative at the last Cityscape conference to make payment systems that suit the Egyptian market.

The financial institution announced that the initiative for land financing with a complete targeted financing of fifty billion pounds, for housing units that don’t exceed a neighborhood of 150 square meters, and to be fully finished and therefore the term of funding for 20 years, and to not have benefited from social housing programs, the unit price exceeds 2.25 million pounds as a maximum, with a tenth decreasing rate of interest .