Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations …
Mortgage
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Banks
Banque Misr teams up with three partners to launch leasing unit
by Yomna Yasserby Yomna YasserBanque Misr, Egypt’s second largest state lender, is linking up with Misr Financial Investments, Misr Insurance Holding …
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Banks
Banque Misr pumps 900mn Egyptian pounds for low-income housing projects
by Yomna Yasserby Yomna YasserEgypt’s second largest bank, state-owned Banque Misr has pumped 900 million Egyptian pounds ($49.2 million) to finance …
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Tech news
Sprint to raise $3.5 billion through sale, lease-back of airwaves
by Ghada Ismailby Ghada IsmailSprint Corp, the No. 4 U.S. wireless carrier, is preparing to mortgage a little more than 10 …
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Real Estate
Egyptian Mortgage Refinance says injected $11.9 mln finances in 8 months
by nada nasserby nada nasserEgyptian Mortgage Refinance Company (EMRC) has pumped finances estimated at 105 million Egyptian pounds ($11.9 million) in …
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Emirates NBD Egypt is studying establishing a new unit for mortgage activities, its deputy managing director Sahar …
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The number of new mortgages approved in the U.K. dropped in July to the lowest level in …
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Banks
Faisal Islamic Bank’s mortgage portfolio hits $112k for middle-income housing units
by Yomna Yasserby Yomna YasserEgypt-based Faisal Islamic Bank’s portfolio of mortgage finances pursuant to the central bank’s initiative has reached around …
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Real Estate
Brexit uncertainty created pause in UK mortgage sector in July
by aya salahby aya salahThe UK’s mortgage sector was hit in July as a result of the European Union referendum with …
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Central Bank of Egypt (CBE) allocated 500 million Egyptian pounds for mortgage firms among the first stage …