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Bank's Activities & Services
Retail Banking

 

 

Loans to Finance the Agricultural Sector Development Program (ASDP) and Veterinary Services Program (VSP)

Such programs are financed by the European Union in cooperation with the Commercial International Bank.

These programs aim at financing:

* Animal wealth and dairy products

* Gardens

* Irrigation

* Fish farming

* Poultry

Such loans are extended with a maximum of EGP10m for companies and EGP1m for individuals according to the type of activity. The loan repayment period may extend up to 12, 36 and 60 months for short, medium and long-term loans respectively. While the interest rates are 7%, 8% and 9% for short, medium and long-term loans respectively.