National Bank of Kuwait – Egypt (NBK Egypt) continues to offer innovative financing solutions aimed at supporting eco-friendly projects through its Green Finance program, which lets customers finance their environmental projects on easy terms with flexible repayment periods, as part of its support for the shift toward a green economy and greater environmental sustainability.

Through its Green Finance loan program, NBK Egypt can finance environmental projects up to 80% of the project's total investment cost, with a flexible repayment period of up to 7 years, helping entrepreneurs and investors carry out and develop their sustainable projects.

The program targets a number of vital sectors linked to environmental protection and sustainable development, including sustainable transport, green buildings, energy-efficiency projects and renewable energy, as well as pollution-reduction, waste-management and water-conservation projects.

NBK Egypt Green Finance details

Categories eligible for financing

  • Industrial pollution-reduction projects.

  • Green buildings.

  • Technology and smart energy systems.

  • Renewable and clean energy.

  • Energy efficiency and cogeneration.

  • Sustainable infrastructure.

  • Waste management, recycling and resource reuse.

  • Water conservation, treatment and recycling.

  • Sustainable transport.

  • Eco-labeled and organic products.

Financing features

  • Financing for a wide range of green projects, such as sustainable transport, renewable energy and energy efficiency.

  • Financing of up to 80% of the total investment cost.

  • Repayment period of 5 to 7 years.

  • Grace period of up to two years, depending on the nature of the project.

  • The loan can be disbursed in installments or as a lump sum, depending on the project's needs.

  • A 0.5% discount on the standard rate for letters of credit (LC) and documentary collections (IDC).

Additional benefits

  • Issuance fees waived on up to two corporate credit cards.

  • Further benefits assessed on a case-by-case basis.

Special benefits

  • Competitive returns in both Egyptian pounds and foreign currencies.

  • Interest rates vary according to the nature of each project, the customer's financial position and the project's profitability.

Banky's view

This financing reflects the bank's commitment to encouraging investments that help reduce negative environmental impacts and support the shift toward a more sustainable economy, in line with global and local trends to promote green finance.