Loans to Finance Industry Modernization:

The Bank finances via this program the capital requirements of all industrial activities like the purchase of new or renewed imported or local machinery and equipment. The Bank also finances the working capital of such activities.

The minimum loan amount is EGP300 thousand, while the maximum is EGP10m. According to the project feasibility study, the minimum loan repayment period is 18 months while the maximum is 7 years.

The Credit Guarantee Company guarantees up to 50% of the loan amount (not more than EGP2m).