Credit Facilities (Financing)

CBE initiative

In accordance with the CBE initiative for Small and Medium Enterprises you could get finance to help you build your company and expand your project with the lowest decreasing interest rates

 

 

Small

sized enterprises

Interest

5% (simple

decreasing rate)

Maximum

Limit

NA

Target

Sectors

All sectors with attention to the important
economic sectors, especially companies
and industrial enterprises and those
producing intermediate components
of the industry or import substitution in
addition to labor-intensive activities, while
giving attention to projects with innovative
ideas and export-oriented projects taking
into account the geographic and sectoral
distribution of companies and establishments
to try to reach as many as possible of them
at the level of the Republic

Available
Facilities

Short, Medium and long term
Facilities

Other Conditions

NA

 

 

Medium

sized enterprises

Interest

7% (simple decreasing rate)

Maximum

Limit

EGP40Mio

Target

Sectors

The agricultural, industrial and
new and renewable energy sectors
only

Available
Facilities

Medium and long term Facilities with
maximum duration 10 years to finance
buying machinery, equipment's and funding
production lines only

Other Conditions

The client is entitled to enjoy this
initiative only once through one bank

 

 

Financing working capital

  • Short term overdrafts supported by commercial papers - assigned contracts - export documents - local purchasing orders or Point of Sale (POS) proceeds
  • LCs and LGs
  • Business credit cards
     

Expansion and development of existing Projects

Presenting the best medium and long term financing solutions with competitive prices to answer your different financing needs from funding production lines or buying machinery equipment, transportation vehicles, administration offices, warehouses,…etc.

 

Trade Finance

We have a long success history with strong performance in Trade Finance service, letter of credit, letter of guarantee and documentary collection in addition most of Trade Finance team are internationally certified by (The London Institute of banking and finance, UK and ICC as CDCS and CSDG)

  • Our vision is to stay on the top of the list in the Egyptian banking market and in Trade Finance services
  • Our mission is providing highest quality and technicality level of service to our valued clients and correspondents network

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