Fonds de Garantie Hypothécaire du Mali (FGHM)
in Mali 🇲🇱
Fonds de Garantie Hypothécaire du Mali (FGHM) in Mali is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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About Fonds de Garantie Hypothécaire du Mali (FGHM) in Mali
Fonds de Garantie Hypothécaire du Mali (FGHM) is a specialized financial institution that operates as a mortgage guarantee fund in Mali. FGHM is classified as an établissement financier à caractère bancaire (financial institution with banking characteristics) and is supervised by the Commission Bancaire de l'UMOA.
The institution's primary mission is to promote accessibility to housing by facilitating access to bank financing through the provision of credit guarantees for mortgage loans. FGHM helps reduce lending risk for commercial banks by covering up to 70 percent of credit losses when borrowers default on mortgage-backed loans.