Monday, July 23, 2018

M1 Group denies housing loan violations. Loans taken according to Decision no. 7835


M1 Group did not acquire loans from the Housing Bank or those guaranteed by the Public Corporation for Housing (PCH), it said in a statement released today, in response to claims made by the Media Focal Center (MFC).

MFC earlier alleged that M1 Group is one of several politically-backed businesses that are responsible for housing loans running out early this year.

"Individuals from our group applied for housing loans in 2011 and 2013 according to Central Bank Decision No. 7835, iss...

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