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.

  • ATM network covers most of the bank's branches, with the possibility of using ATM card holders of the Bank ATMs of the National Bank of Egypt all over the country at no extra cost .

 

 

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% .

  • 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.

  •  The 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 contrate 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 .

  • Financing medical centers, clinics and pharmacies at 10% simple interest rate with a grace period up to 1 year and repayable  up to 4 years .

  • 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 26 months of the applicant's net salary .

    - Maximum amount is LE. 150 thousand.

     - Repayment period up to 7 years 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 .

  • 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 LE. 1500

    -    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 thousand. for SME's

    -  repayment period up to 5 years by monthly installment .