Mortgage Finance under CBE Middle-Income Initiative — SUEZ CANAL BANK | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 3 Nov 2026
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Mortgage Finance under CBE Middle-Income Initiative

SUEZ CANAL BANK · Loans · Egyptian Pound · Sunday 09 August 2026 - 09:47 AM
Interest rate
8% – 12%
Loan amount
Up to EGP 2M
Term up to
30 yrs
Type
Mortgage Finance

Banky Analysis

An audit of the product itself

There are too few comparable products to rank fairly

What you trade off:

  • Maximum amount lower than average
  • Branch application only
  • Requires a down payment
  • Requires collateral

What's good

  • Fewer documents than average
  • Repayment term longer than average

Not known yet

4 more details we don't have yet

All of this is measured against home finance in EGP only

Last checked Monday 26 October 2026 - 02:17 AM

Rates, terms & fees

Loan type
Mortgage Finance
Interest type
Fixed
Interest rate
8%
Min amount
EGP 0
Max amount
EGP 2,000,000
Min term
1 yr
Max term
30 yrs
Max financing
80%
Zero down payment
No

Eligibility & requirements

Approved employer
No
Requires collateral
Yes
Life insurance
Yes
Accepted employment types
EmployedGovernmentSelf-EmployedFreelancerPensioner
Security types
Residential Unit-Backed
Eligibility criteria
Requires iScoreNo
Notesمبادرة البنك المركزي لمتوسطي الدخل بسعر عائد ثابت 8%. مبلغ التمويل يصل إلى 1.12 مليون (80% من قيمة الوحدة) وحد أقصى لسعر الوحدة 1.4 مليون. تأمين مجاني على الحياة والوحدة. وحدة واحدة فقط دون استفادة من مبادرة سابقة.

Programs

Loan programs
ProgramRateMax amountSegmentFinancingZero down
متوسطي الدخل 8%8%EGP 1,120,000Middle income80%No
متوسطي الدخل 12%12%EGP 2,000,000Middle income80%No

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Mortgage Finance under CBE Middle-Income Initiative

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Alternatives at a glance
Mortgage Finance under CBE Middle-Income Initiative SUEZ CANAL BANK This one CBE Mortgage Initiative National Bank of Egypt Mortgage finance initiative for middle-income earners at an 8% interest rate Arab African International Bank CBE Mortgage Initiatives CIB Egypt
Interest rate
8% – 12% 8% – 12% 8% 8% – 12%
Loan amount
Up to EGP 2M EGP 10K – 14M Up to EGP 2.5M Up to EGP 2.5M
Term up to
30 yrs 30 yrs 25 yrs 30 yrs
Type
Mortgage Finance Mortgage Finance Mortgage Finance Mortgage Finance
Compare with 3 similar loans

Added Thursday 02 July 2026 - 10:55 AM Updated Sunday 09 August 2026 - 09:47 AM