Mortgage financing companies sign new contracts worth EGP722mn in 4M17
Mortgage financing companies have signed new financing contracts worth EGP722mn in the first four months of 2017, compared to EGP364mn in the same period last year, of which 87% were for residential purposes. This has led to a total portfolio of EGP3.5bn by end of April 2017, up 25% Y-o-Y. Total leasing finance hit EGP8.5bn in 4M17, up 21% Y-o-Y.
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