NNA - Finance Minister, Yassine Jaber, and Housing Bank Chairman, Antoine Habib, on Thursday signed a Memorandum of Understanding to establish electronic linkage between the Ministry of Finance and the Housing Bank, enabling direct access to “non-ownership” certificates from the Directorate of Land Registry and Cadastre.
The signing took place at the minister’s office in the presence of the Director General of Finance, the Director General of Land Registry George Maarawi, and members of the bank’s board.
Habib said the agreement will allow the bank to obtain the non-ownership certificate electronically and swiftly, without any fee, thereby facilitating the loan process for applicants.
Habib also noted that, starting tomorrow, the new system will be operational. Regarding other needed documents, such as property certificates, Habib explained that these can be initially retrieved online by applicants or money transfer companies and later formalized through official channels.
Habib also discussed ongoing collaboration with regional development funds, including an upcoming visit to the Qatar Fund for Development in April.
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