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Tamweel Mortgage Finance of Egypt signed a Master Agreement with EMRC for the amount of EGP50 Million.
According to the terms of the agreement, EMRC will provide funding in the form of a long-term fixed rate loan, collateralized by a portfolio of residential mortgage loans currently financed by Tamweel.
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read more ... |
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Tenor |
Rate |
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Up to 5 Yr |
12.00 |
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5Yr to 7Yr |
11.75 |
| 7Yr to 15Yr |
10.75 |
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Valid till Jul. 30, 2009 |
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