The Crescent Walk project spans 118 acres and includes the
development of residential units. The loan provides customized financing to
support the project’s development and ensure its on-time delivery.
AAIB noted that the financing demonstrates the bank’s
ability to offer swift and effective funding solutions tailored to developers’
needs, drawing on its strong banking expertise to ensure financial closure
within appropriate timeframes.
This deal adds to AAIB’s growing portfolio of real estate
developer financing. In the first half of this year, the bank signed several
loan agreements with leading developers, including Talaat Moustafa Group, Art
Life for its “The Collection” project in New Giza, Palm Hills Developments, and
Landmark Real Estate Development.