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Makhtar Diop: Private capital mobilized for Saudi mortgage finance system

Makhtar Diop: Private capital mobilized for Saudi mortgage finance system
Saudi Arabia mortgage finance expands access

Makhtar Diop, industry influencer, highlights the transformation of Saudi Arabia's housing market. He explains that homeownership was previously limited as buyers had to pay fully in cash.

According to Diop, the development of a modern mortgage finance system in Saudi Arabia, with support from IFC, has enabled broader access to housing and encouraged private capital mobilization. This new system helps more families achieve homeownership.

Diop recently announced a partnership with Standard Chartered to unlock supply chain finance for over 500 suppliers in Africa, according to a previous report. He has also highlighted France's partnership with the World Bank Group and IFC to back $5 billion in private sector investments in emerging markets, as noted in an earlier statement.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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