than 60 years in financing and modernizing the Egyptian industry.
Bank has a wide branch network in Egypt’s major industrial cities , and an international network of correspondents .
short, medium and long term loans and facilities to industrial projects
for various purposes.
documentary credits for importing equipments & raw materials .
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 .
letters of guarantee with a preferential terms and financing local orders.
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
Preparing feasibility studies for investors.
at no extra cost .
at an interest rate of 5.875 - 7.25 % for periods 1-12 month .
year saving certificates in Egyptian Pound .
year saving certificates in US $ .
Account in Egyptian Pound
%(12 month),7 % (6 month).
Credit line to assist
industrial projects in complying with environment laws at an interest rate
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.
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.
Bank signed two contracts with the Social Fund for Development on
March.13,2013 amounted to LE.100 million to finance new and existing small
projects, the first contract amounted to LE. 75 million to finance
industrial ,production , services, trade and tourism projects, and the
second contract amounted to LE. 25 million to finance production and
processing of agricultural and livestock projects focus on Upper
Egypt governorates, at a maximum of LE. 2 million per project,
and the rate of return 10%
with a grace period up to 1
year and repayable up to 4 years .
Bank signed two contracts with the Social Fund for Development with amounted to LE.50
million to finance new and existing SMEs, to finance buying machines and
Bank signed contract with the Social Fund for Development with amounted to LE.25
million to finance new and existing SMEs, to finance buying new and used
machines with interest rate 10%.
with a grace period up to 1 year and repayable
up to 4 years .
Providing the finance to the
A Soft financing for
companies, associations and veterinarians operating in the fields of
manufacturing and packaging of animal drugs and animal production , with
maximum loan amount LE. 500 thousand for companies , and LE. 300 thousand
for individual, and interest rate from 6.5 % to 8.5 depending on
A Soft loan for
subsidized traditional bread bakeries at an simple interest rate from 8%
to 10 % to transform them into automated or semi-automated bakeries in
order to preserve the environment and minimizing the rate of loss in using
flour with minimum loan amount LE.25001 and maximum amount LE. 200
The Bank is
involved in the initiative of the Central Bank of Egypt to stimulate the
real estate finance for low-income and middle-income at an
7% for the low-income and 8% for the middle-income, with a maximum funding
of 80% of the unit price, that the unit price does not exceed than
and a repayment period up to twenty years.
Retail Banking Programs
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 26 months of the
applicant's net salary .
- Maximum amount is LE. 150 thousand.
Repayment period up to 7 years by monthly installments .
Education loan offered to the employees in Government,
Public Business Sector , and Professionals :--
- Financing Educational Expenses
(primary- prep- secondary).
- Interest rate 9%.
- Minimum loan amount is LE. 2
thousand and maximum amount is LE.30 thousand.
Financing the supply of natural gas to
houses of Fayoum Governorate for El-Fayoum Gas Company's clients .
- Maximum amount is
- repayment period up
to 7 years by monthly installment .
Financing the cost of electricity
measurements for Alexandria Electricity Company's clients .
- Maximum amount is LE. 1500 for
individual and LE. 25
- repayment period up to 5 years
by monthly installment .