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In a pursuit to further advance mortgage lending in Egypt, Iman Ismail; Managing
Director of EMRC; and Mr. Magd El Deen Ibrahim of Al Oula, signed a master agreement
in the amount of EGP50mn, secured against an existing portfolio of loans currently
held on Al Oula's balance sheet. |
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read more ... |
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Tenor |
Rate |
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Up to 5 Yr |
11.75 |
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5Yr to 7Yr |
11.35 |
| 7Yr to 10Yr | 11.00 |
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10Yr to 15Yr |
11.50 |
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Valid till Sept. 18, 2008 |
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