National Bank of Egypt (NBE) continues to step up its support for the industrial sector by offering a package of financing solutions and non-financial services designed to meet the needs of industrial projects. The aim is to help factory owners expand their businesses, upgrade equipment and increase production capacity in line with the nature of each project.

Initiative details:

Through its Al Ahly Business program, NBE provides flexible financing solutions for factory owners who want to add new production lines, upgrade existing equipment or carry out expansion plans, alongside non-financial services that support business growth and improve operational efficiency.

Details of Al Ahly Business financing programs for the industrial sector:

NBE offers dedicated financing programs for the industrial sector of up to EGP 3 million for projects without financial statements. The ceiling rises to EGP 4.5 million for projects that have financial statements.

The bank offers flexible repayment periods through equal installments of up to 5 years. Borrowers can benefit from the Central Bank of Egypt (CBE) initiative to support small businesses at an interest rate of just 5%, or obtain financing through the Micro, Small and Medium Enterprises Development Agency (MSMEDA) at the latest pricing. Lending from the bank's own resources carries a declining annual interest rate.

The bank requires a number of basic documents, including:

  • A copy of the national ID card.

  • Commercial register.

  • Tax card.

  • Any other documents required by the nature of the project.

The available financing programs also cover a number of industrial activities, most notably:

  • Financing for leather manufacturing and tanning.

  • Financing for date packing and packaging.

  • Financing for plastic injection and blow molding.

  • Financing for paper cutting and processing projects.

  • Financing for animal feed factories.

  • Financing for knitwear factories.

  • Financing for ready-made garment factories.

  • Financing for textile factories.

  • Financing for plastic pelletizing and recycling factories.

  • Financing for plastic extrusion factories producing pipes and electrical conduit.

  • Financing for timber processing and plywood manufacturing.

  • Financing for furniture workshops and factories in Damietta governorate and similar clusters.

  • The “Hemma” program.

Banky's view for customers:

The “Al Ahly Business” program is part of NBE's efforts to support the industrial sector and enable small businesses to expand and increase production, through a range of financing solutions that suit the needs of different industrial activities and help strengthen their growth and sustainability.