Banque Misr funds Small Enterprises at a 5% simple diminishing return
Banque Misr further extends its leading role in supporting Egypt's economic and social development by participating in the Central Bank of Egypt (CBE) initiative to support financing small- and medium-sized enterprises (SMEs). The CBE initiative aims at fighting unemployment, increasing the gross domestic product (GDP), and achieving sustainable development.
Banque Misr provides distinct financing schemes ranging from one million Egyptian pounds up to 20 million Egyptian pounds at a 5% simple diminishing return to match SMEs aspirations.
The financing schemes are eligible to applicants who meet the below CBE terms and conditions:
First: Companies enjoy present facilities in the Bank
In case of requesting to increase the facilities, applicant to provide the last certified financial statement
Second: Companies do not have facilities with our bank