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Egypt - Mortgage Finance Project (Inglês)

The Egypt Mortgage Finance Project enables banks and non-bank lenders in the primary market to begin offering long-term market-based mortgage loans for residential housing. The Egyptian Company for Mortgage Refinancing (ECMR), legally incorporated as a joint stock company during project preparation with the assistance of the World Bank, will receive the proceeds of a World Bank local currency loan as a line of credit. The line of credit will support...
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