Dubizzle Signs Cooperation Protocol with Banque Misr to Enhance Mortgage Financing Services

Dubizzle Signs Cooperation Protocol with Banque Misr to Enhance Mortgage Financing Services

Dubizzle (formerly OLX), the leading classifieds platform in Egypt and the MENA region, has signed a cooperation protocol with Banque Misr to integrate the bank’s mortgage calculator directly into the Dubizzle real estate platform, Invest-Gate reports.

This move aims to enhance the user experience by offering smart, in-platform financing solutions that simplify real estate decision-making.

The agreement was signed by Guy Farhat, General Manager and Vice President of Sales at Dubizzle Egypt, and Hend Fahmy, Head of Financial Inclusion and Mortgage at Banque Misr.

Through this integration, users can instantly calculate mortgage options while browsing property listings, enabling faster and more informed decisions. Dubizzle becomes the first real estate platform in Egypt to offer a bank-certified mortgage calculator embedded directly into the browsing experience.

Commenting on the partnership, Guy Farhat said, “We are committed to forging strategic partnerships that provide intelligent and seamless solutions for our users. Integrating Banque Misr’s mortgage calculator is a key step toward transforming Dubizzle into a comprehensive real estate gateway. With over 2.8 mn monthly visits to our property section, this collaboration allows us to offer greater transparency and ease, reinforcing the synergy between banking and digital platforms while supporting financial inclusion in Egypt.”

Hend Fahmy highlighted that the partnership aligns with Banque Misr’s commitment to supporting the real estate sector and expanding access to innovative financing solutions. She noted that by the end of 2024, the bank’s mortgage portfolio reached EGP 21 bn, serving over 146,000 clients through diverse, inclusive financing programs.

This collaboration marks a model of successful integration between Egypt’s banking and digital sectors, reinforcing both institutions’ roles in advancing financial inclusion, supporting real estate ownership across social segments, and contributing to Egypt’s Vision 2030 goals in urban development and digital transformation.

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