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

  1. Engaged in activity for more than one year: applicant to provide the last three certified financial statements or the available financial statements since the commencement of business operations in addition to all required documents for obtaining loans and facilities.
  2. Practicing the activity for less than a year (newly founded)
  • Paid-up capital of industrial enterprises from 50,000 to 5 million pounds.
  • Paid-up capital of the non-industrial facilities from 50,000 to 3 million pounds.

    Applicant to provide a recent commercial register of no more than three months old in addition to all the required documents for obtaining loans and facilities.