Banque Misr Signs Strategic Cooperation with The Official Egyptian Real Estate Platform to Advance Mortgage Services
Banque Misr has signed a cooperation protocol with E-Systematic for Technology and Project Management, the owner of The Official Egyptian Real Estate Platform, marking a significant step toward enhancing access to mortgage financing services in Egypt.
Under the agreement, customers will be able to calculate estimated mortgage values and communicate directly with Banque Misr through the platform — the first official digital platform specialized in the Egyptian real estate sector. This initiative aims to simplify the process of securing home financing, while offering tailored financing programs designed to meet diverse customer needs.
The collaboration underscores Banque Misr’s commitment to supporting Egypt’s Vision 2030 by expanding financial inclusion, promoting digital transformation, and strengthening the real estate sector as a driver of economic growth. It also aligns with government efforts to promote Egyptian real estate regionally and internationally, particularly among Egyptians abroad and foreign investors.
Enhancing Access and Supporting Financial Inclusion
Ms. Hend Fahmy, Head of Financial Inclusion and Mortgage Financing at Banque Misr, emphasized the bank’s dedication to innovation in real estate financing.
“This collaboration reflects our commitment to making mortgage services more accessible and enhancing the customer experience. It will also contribute to expanding financial inclusion across the Egyptian market,” she said.
Fahmy revealed that as of July 2025, Banque Misr’s mortgage financing portfolio had reached approximately EGP 23 billion, benefiting more than 150,000 clients through comprehensive programs designed to serve various social segments.
Strengthening Trust and Market Integration
From the platform’s perspective, the cooperation marks a turning point in integrating financial services with real estate market data.
“The cooperation with Banque Misr represents a qualitative leap in the real estate sector. For the first time, we are linking real estate supply and demand data directly with mortgage financing services,” said Mr. Ahmed Elbatrawy, Founder and Chairman of The Official Egyptian Real Estate Platform. “This step not only enhances citizens’ trust in the platform but also expands opportunities for developers and investors, reinforcing Egypt’s position as a leading real estate market in the region.”
Echoing this sentiment, Mr. Essam Bahgat, CEO of the platform, described the agreement as “a pivotal step toward integrating mortgage financing into the digital property search experience.” He added that the partnership would simplify property ownership journeys for citizens and investors, while advancing Egypt’s digital transformation agenda.
A Model of Financial–Real Estate Integration
Banque Misr continues to place strong emphasis on the real estate sector, offering a wide range of financing solutions tailored to customer needs. The partnership with The Official Egyptian Real Estate Platform — recognized as the state’s official reference for real estate data — sets a pioneering model of collaboration between the financial and property sectors.
By enhancing transparency and aligning with international best practices, the cooperation is expected to boost investor confidence and facilitate sustainable growth in Egypt’s real estate market.