A banking alliance, led by Banque Misr, provided syndicated financing worth EGP 2.8bn to Landmark Developments Company, with the participation of EG Bank and Suez Canal Bank as lenders. He added that the bank is focusing on supporting real estate development companies and is keen on supporting and assisting real estate developers. He noted that the bank always seeks to provide multiple financing methods in the field of real estate financing, whether for individuals through financing residential units, or for real estate developers. Akif El Maghraby said that this partnership reflects the Suez Canal Bank’s keenness on supporting real estate development projects that add value to the national economy. She pointed out the bank’s pride in the strategic partnership with Landmark Group, resulting in many successesful real estate projects.

Source: Daily News Egypt November 20, 2024 21:34 UTC