Business Banking

Financing Pharmacies Program

Financing working capital for pharmacies to achieve growth in sales volume

In addition to the general conditions

  • Financing up to 500,000 EGP ( minimum of 100,000EGP)
  • Use of the computer system to follow the movement of sales and stocks in pharmacy
  • Lack of funding from other banks

Loan Tenor:

  • Maximum two years (including the grace period of up to 3 months). The financing is reduced annually in equal installments so that it is fully amortized during the repayment

Guarantees:

  • 100% of the facility up to 250,000 EGP and more than 75% of the facility

Conditions:

  • The customer undertakes to pay the commission and the expenses of issuing the guarantee of  the credit risk insurance company from its own resources for the duration of its validity