Real estate financing conditions from the Arab African Bank: repayment up to 15 years
The Arab African Bank provides citizens wishing to buy a new home an opportunity to do so by obtaining real estate financing according to the conditions set by the bank, as the bank gives the customer the advantage of repayment over a period of up to 15 years.
Real estate financing details
Real estate financing details
1. The Arab African Bank provides customers with long-term financing to facilitate home ownership.
2. The repayment period is up to 15 years.
3. The return rate is competitive and variable.
4. Financing up to 80% of the unit value.
Advantages of real estate financing
1. The bank offers fast financing and ease of procedures.
2. Payment of installments is monthly.
3. Ease of rescheduling and the possibility of partial or full payment.
4. Among the advantages are transparency and clarity of fees and costs.
5. Financing solutions designed for the customer and multiple payment methods.
Financing terms
- Minimum age is 25 years.
- The maximum age is 65 years.
The Arab African International Bank launched a savings certificate with a return of up to 65%, at the end of the period, with an average cumulative return of up to 18.17% annually, under the name “Triple Savings Certificate.”
On the other hand, The Arab African International Bank certificate in Egypt offers a number of special benefits until the end of the period, including:
Arab African Bank certificate
- The minimum amount for issuing a certificate is 5,000 pounds or more, without the bank stipulating a maximum deposit for the certificate
- The duration of the triple savings certificate is up to three years
- The certificate’s interest rate reaches 65% in total
- The certificate funds are delivered by the bank to the customer immediately after the expiration of the period
Details of the Arab African Bank certificate
- The bank made the new triple savings certificate available to individual bank customers only, not companies
- The new certificate will be issued in Egyptian pounds only
- The bank offered advantages to those who buy this certificate that facilitate the possibility of borrowing against the certificate’s guarantee at a rate of up to 80% of the original value of the certificate amount.
- The bank allows holders of this certificate to issue a credit card to pay purchases in installments.