Central Bank Intiative

The Bank finances micro and small and medium enterprises at prices distinctive benefit in accordance with the announced initiative of the Central Bank of Egypt to finance these projects according to the following: –

Value of Facilities and LoansDeclared Interest Rate
Simple Decreasing
New ProjectExisting ProjectPurpose of FundingType
20 million LE5%capital does not exceed 5 million LE for industrial facilities and 3 million for non-industrialIn which Sales Does not exceed 20 million LEFinancing current activity as well as fixed assestsVery Small project
20 million LE5%capital does not exceed 5 million LE for industrial facilities and 3 million for non-industrialIn which Sales Does not exceed 20 million LEFinancing current activity as well as fixed assestsSmall Project
20 million LE7% Decreasingcapital does not exceed 10 million LE for industrial facilities and 5 million for non-industrialIn which Sales Does not exceed 100 million LEFinancing of machinery and equipment, and new production linesMedium-sized companies operating in the field of industry, agriculture

 the client is entitled to benefit from the initiative submitted by the Central Bank of Egypt. only once and with a maximum amount of 20 million LE through one bank.