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

CBE intiative 5 %

Interest rate:

5% simple decreasing rate

Maximum Limit:

no maximum limit

Target Sectors:

Small companies and establishments operating in all sectors except commercial, with turnover range from EGP1 million to less than EGP50 million giving attention to the below economic sectors:

  • Companies, Industrial enterprises and those producing intermediate components of the industry or import substitution
  • Labor intensive activities
  • Projects with innovative ideas and export oriented projects
  • Newly established companies operating in the new and renewable energy sector

Available Facilities:

Short, Medium, and Long Term Facilities

 

CBE intiative 8 %

Interest rate:

8% simple decreasing rate

Maximum Limit:

no maximum limit

Target Sectors:

Private sector companies with turnover EGP50 million or more operating in the following sectors/activities:

  • The industrial private sector companies
  • The agricultural sector and the agriculture manufacturing sector companies
  • The contracting sector companies according to the terms and determinants
  • The companies “manufacturing for others” with a condition to be mentioned in the commercial register, and the continuity of the instructions for import transactions for these companies, for the purpose of trading in case of importing raw materials, and manufacturing that are related to the others in relation to cash cover and the facilities utilization for import transactions
  • Research, development and clinical trials in the medical and industrial pharmaceutical fields
  • Newly established companies that are classified as medium companies according to the paid-up capital until the availability of financial statements based on their business size
  • Companies and establishments classified as “small companies”, newly established or already existing, affiliated with large entities and institutions, or for clients with high net worth

Available Facilities:

Short, Medium, and Long Term Facilities

 

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 I

   
   
   
   
   
   

nstitute 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

Apply Now

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