Wednesday 18/February/2026 – 03:26 PM
The Central Bank announced in a circular letter the implementation of a decision issued by the Egyptian Council of Ministers to support industry, by amending Clause No. 7 of the initiative to support industrial sectors to be Maximum customer financing One becomes 100 million pounds instead of 75 million pounds.
According to the new decision, an amount of 150 million pounds will be financed for a single client and related parties instead of 100 million pounds.
Determine the amount of available credit
The bank said in a circular letter that the amount of credit available within the framework of the initiative is determined for each client in light of the size of his business and the regulating banking rules.
Clause No. 3 of the initiative’s specifications was also amended by adding some new industrial sectors and activities to the priority industrial sectors and activities.
This came in accordance with the Central Bank’s letter regarding the Council of Ministers’ approval to issue an initiative to support priority industrial sectors in accordance with the Ministry of Finance’s specifications at a return rate of 15%.
