Products & Activities

  •  More than 60 years in financing and modernizing the Egyptian industry.

  •  The Bank has a wide branch network in Egypt’s major industrial cities , and an international network of correspondents .

  •  Extending short, medium and long term loans and facilities to industrial projects for various purposes.

  •  Opening documentary credits for importing equipments & raw materials .

  •  Extending all financial services to clients .

  • Settlement the Bank's clients claims till LE. 5 million through the electronic clearing service system (ACH)  ( invoice- credit cards - installments- salaries,....etc).

  • Offering customs duties electronic settlement to our clients .

  •  Issuing letters of guarantee with a preferential terms and financing local orders.

  •  Coordinating with Industry Modernization Center through "Funding for Development Program".

  • The Bank assists its clients particularly the SMEs, for marketing their products through participation in Local Fairs and Exhibitions .

  • Financing SMEs with convenient terms.

  • Preparing feasibility studies for investors.

 

 

Saving Instruments

  •  Time deposits in Egyptian Pound at an interest  rate of 5.875 - 7.25 % for periods 1-12 month .

  •  Three-five year saving certificates in Egyptian Pound .

  •  Saving Account in Egyptian Pound  at an interest rate7.5 %(12 month),7 % (6 month).

Bank's  Credit lines

  • Credit line to assist industrial projects in complying with environment laws at an interest rate 2.5% .

  • 20% grant of the loan value to finance purchase of equipments to assist industrial projects in complying with environment laws.  

  • Credit line for importing machinery with a grace period up to 1 year and repayable in local currency up to 5 years at an interest rate 9%, with a maximum of US $ 500 thousand per project.

  • Credit line for financing small and very small scale enterprises by co-operating with Development &Financial Services Group at a minimum of  LE.10 thousand and a maximum of  LE. 100 thousand for the client.

  • Social Fund for Development loan granted for small projects and craftsmen at a maximum of LE. 2 million per project .

  • Financing medical centers, clinics and pharmacies at 10% simple interest rate.

  • Providing the finance to the Franchise projects.

Retail Banking Programs

  • Loan for purchase durable goods  offered to the employees in Government ,  Public Business and Private Sector  :-

    - Total  loan amount must not exceed the total of 15 months of the applicant's net salary

    - Maximum amount is LE. 100 thousand.

     - Repayment period up to 60 months by monthly installments .

  • Loans for purchase private car offered to the employees in Government ,  Public Business and Private Sector  :-

    - Total  loan amount must not exceed the total of 15 months of the applicant's net salary .and a maximum of 75% of the car price.

    - Maximum amount is LE. 250 thousand.

     - Repayment period up to 60 months by monthly installments .

  • Cash loan offered to the employees in Government ,  Public Business and Private Sector  :-

    - Total  loan amount must not exceed the total of 15 months of the applicant's net salary .

    - Maximum amount is LE. 150 thousand.

     - Repayment period up to 60 months by monthly installments .

  •  Loan for purchase consumer and durable  goods from Almasnoat Almasryia Co offered to the bank's employees , its clients, and the company's employees :-

    - Total loan amount must not exceed the total of 10 months of the net salary.

    - Maximum amount is LE. 50 thousand .

    - repayment period up to 36 month by monthly installment .