We are pleased to announce that Al Ahly Mortgage Finance (AMF), a subsidiary of the National Bank of Egypt, has been honored as the “Most Innovative Mortgage Company in Egypt 2024” by International Business Magazine.

This award further strengthens our deep commitment to transform client experience to be exceptional. AMF is reported to have dealt with more than EGP 2 Billion in mortgage financing in 2024 alone and loaned out bespoke mortgages for financing residential, administrative, and commercial properties across the country.

Through profound understanding and insights of the market, we made strides to penetrate new customer segments such as Egyptians abroad, Expatriates earning foreign currencies, regional as well as multi-national companies looking to rent grade "A" office spaces. These feats were attained due to innovative product architecture coupled with backing from the National Bank of Egypt, despite facing headwinds such as currency instability, inflation, and increasing real estate market prices.

As it stands, we aim to capture a financing portfolio of EGP 4 billion by the end of 2024, and continue to sustain and introduce new programs that are responsive to the market demands for Egypt's real estate sector in 2025 and future years.

As we aim for relentless refinement and innovation, we thank our customers and business partners for their unwavering trust and support.