Small & Medium - sized Enterprises (SME)

​​​​​As part of our commitment to supporting and financing small and medium-sized enterprises (SMEs) across various sectors, including industrial, agricultural, commercial, and service industries, we offer a range of banking products and financial solutions. These solutions are tailored to meet the financing needs of SMEs through a nationwide branch network and specialized SME relationship managers.

The following are Among the Targeted/Eligible Sectors:

• Industrial activities
• Commercial activities
• Agricultural activities
• Service-related activities​

Small vs. Medium Sized Enterprise Classification Matrix:​

Banking Products and Services for SMEs:

Our bank offers a comprehensive suite of banking solutions designed to facilitate business operations and enhance financial efficiency, including:

• Wide-Range of Banking Service offerings and Customized financing and credit facilities tailored to your business requirements.
• Trade Finance services for import and export transactions
• Wide spectrum of bank accounts, deposits, savings certificates and investment funds with competitive rates.
• Accepted Banking Checks (Bank Drafts/Certified Checks).
• Foreign transfers.
• Collections and payments management services.
• Salary transfer services.
• Electronic Governmental payments services.
• Point-of-Sale (POS) payment processing solutions/devices.
• Issuance of letters of credit and letters of guarantee.
• Trade finance services for import and export transactions.
• Digital banking solutions.
• Automated Clearing House (ACH) transactions.

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Financing Solutions for SMEs covers the following spectrum

• Working Capital Financing:
  
  Through providing tailored short-term financing solutions to support your business’s working capital needs,
  including:
  
  • Overdraft Accounts/Facilities supported by commercial documents to support business cash flow, assigned contracts, export certificates and/or local purchase orders.
    
  • Financing for purchasing raw materials, goods, and production inputs through various Trade Finance Products tailored to your business requirement; Letter of Credit, Documentary Collections, and Letters of Guarantees.
    
  • Corporate credit cards
• Financing expansions and development of existing projects:

We provide medium and long-term financing solutions to support business expansions and development through financing production lines or purchasing machinery, production equipment, transport vehicles, administrative offices, warehouses etc.

• Competitive interest rates:
  
  We offer competitive interest rates as part of Central Bank of Egypt and the Egyptian Ministry of Cabinet approved and valid initiatives.
  
  • 5% decreasing interest rate for small enterprises under the CBE initiative, covering all business activities except the commercial sector.
  • 15% decreasing interest rate according to the Egyptian Ministry of Cabinet initiative for financing companies with a business volume or an annual revenue of EGP 50 Million or more to finance purchasing machinery, and equipment for industrial companies that meet the initiative conditions.
  • Additionally, we offer special interest rates for all business activities that are not subject to the initiatives issued by Central Bank of Egypt and /or the Egyptian Ministry of Cabinet.

Initial documents required in case of requesting credit facilities:

• Valid commercial registration certificate (not older than 3 months)
• Recent Tax card
• Valid ID for the authorized signatories.
• Tax and social position and Audited credential
• Financial statements for the last three years and a recent interim/position.
• A copy of the industrial register (in case of industrial companies).
• A copy of the activity license.