Welcome to Arab African International Bank, your trusted partner in mortgage finance and banking solutions. We are dedicated to providing exceptional services and customized financial solutions to help you navigate the complex world of home financing. We are here to assist you every step of the way.
At Arab African International Bank, we understand that obtaining a mortgage can be a significant decision, and we strive to make the process as smooth and transparent as possible. With our team of experienced professionals and industry experts, we offer comprehensive guidance and personalized advice tailored to your unique financial situation and goals.
Our solutions can help you achieve your financial objectives. Our experts will analyze your current financials and guide you through the process to ensure you make informed decisions.
Our range of mortgage finance includes all Central Bank of Egypt mortgage initiatives range in addition to the following range of services and benefits:
- Personalized Service: We pride ourselves on delivering exceptional customer service and building long-lasting relationships with our clients. Our team will take the time to understand your financial goals, answer your questions, and provide ongoing support throughout your homeownership journey.
- Competitive Rates and Terms: We are providing all CBE mortgage initiatives that present a wide range of options, allowing us to offer competitive interest rates and favorable loan terms. Our commitment is to find the most suitable financing options that align with your financial objectives and save you money over the long term.
- Educational Resources: We believe in empowering our clients with knowledge and information. Our website features an array of educational resources, to help you make informed decisions about your mortgage and financial future.
At Arab African International Bank, we are committed to integrity, transparency, and client satisfaction. We are licensed professionals who adhere to the highest ethical standards and strive to exceed your expectations at every turn.
Take the first step toward your homeownership goal by contacting us today. Our team of mortgage finance and banking experts is ready to assist you in achieving your financial dreams.
Central Bank Initiatives Programs Terms
| 8% Initiative | 3% Initiative | ||
|---|---|---|---|
| Loan Interest | 8% Annually decreasing | 3% Annually decreasing | |
| Loan Tenor | Maximum 25 Years | Maximum 30 Years | |
| Unit Price | EGP 2.5 Million | Up to EGP 1.1 Million Maximum | Greater than EGP 1.1 Million & up to EGP 1.4 Million Maximum |
| Minimum Down payment | 20% | 15% | 20% |
| Individual Monthly Income | Maximum EGP 40,000 | Maximum 10,000 | |
| Family Monthly Income | Maximum EGP 50,000 | Maximum EGP 14,000 | |
The applicable terms and conditions shall be applied upon implementation in accordance to the latest rules, regulations & guidelines issued by Central Bank of Egypt ,Mortgage Finance Fund, Bank polices , Mortgage law, and its executive legislation.
Employed Applicant (public / private / government) Sectors:
- National ID Card (husband / wife, if any).
- Income Proof.
Self-employed Applicant (Non-Professional):
- National ID Card (husband / wife, if any).
- Commercial Register.
- Taxation Card.
- Income Proof.
Self-employed Applicant (Professional)
- National ID Card (husband / wife, if any).
- Taxation Card.
- Syndicate Card.
- Practice Permission.
- Income proof.
- * For more information, please call our hotline number 19555.
Useful links:
- Central Bank Of Egypt: https://www.cbe.org.eg/ar/laws-regulations/regulations/regulations-book/book-10
- Ministry of Housing, Utilities and Urban Communities: https://mhuc.gov.eg/
- New Urban Communities Authorities: http://www.newcities.gov.eg/
- Mortgage Finance Fund: https://www.shmff.gov.eg/
