Green finance
National Bank of Egypt
|
Product |
Description |
Uses of funds (capex vs opex) |
Clients/Types of Projects |
Conditions |
Interest |
Link |
| Agricultural sector loans | Financing agricultural activities. | CAPEX & OPEX | Agricultural SMEs (crops harvesting), poultry farms, livestock breeding projects (breeding and fattening), cultivation and modernization of the irrigation system, solar energy projects, milk collection centers, greenhouses, and other agricultural activities. | A- Small enterprise: Existing companies with revenues of EGP 250,000 and less than EGP 50 million. New companies with a capital of EGP 50,000 and less than EGP 3 million. B- Medium enterprise: Existing companies with revenues of EGP 50 million and less than EGP 200 million. New companies with a capital of EGP 3 million and less than EGP 5 million. |
For small enterprises: 5% according to the Central Bank of Egypt's initiative (annual sales from EGP 250,000 and less than EGP 50 million). For medium enterprises: 11% according to the Egyptian cabinet's initiative. | https://www.nbe.com.eg/ NBE/ E/#/EN/ ProductCategory? inParams=%7B%22 CategoryID %22%3A%22AlAhly BusinessAgriculture%22%7D |
| Building agricultural greenhouses | Financing agricultural greenhouses up to a maximum of 90% of investment costs and the working capital cycle. | CAPEX & OPEX | Fresh graduates and small farmers, including individuals and micro and small enterprises. | Maximum finance limit: EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg/ Assets Manager/ab6691d9-fd37-48e3- adeb-5a01c4fcd14a.pdf |
| Dates packaging | Financing dates packaging businesses. | CAPEX & OPEX | Small and micro date filling, packaging, and drying factories. | Financing up to a maximum of 85% of the costs of machinery, equipment, cranes, and refrigerators. Financing up to a maximum of 80% of the working capital cycle. Financing up to a maximum of 70% of the cost of transport vehicles. |
The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg/ AssetsManager/ 220bd459- 1265-45e1- 85cc-4c421e7b4bb8.pdf |
| EBRD – Green Economy Financing Facility (GEFF) | Financing energy efficiency and renewable energy projects. | CAPEX & OPEX | Energy efficiency and small-scale renewable energy investments. | SME private sector borrowers for sustainable energy and resource efficiency investments. | N/A | https://ebrdgeff.com/ egypt-nbe/the-facility/ |
| Environmental Compliance Office (ECO) at the Federation of Egyptian Industries (FEI) financing programme– In partnership with the EU | The fund provides financial support for implementing cleaner production technology within selected industry sectors. Once investments are implemented, enterprises must repay the loan amount from their resources in installments, either monthly/quarterly, or yearly, within 5 years. Enterprise contributions and loans given to enterprises vary depending on the total individual investment. | CAPEX & OPEX | Renewable energy, energy efficiency, environmental compliance, and cleaner production. | General eligibility criteria include: being a FEI member, having more than 15 full-time workers, being an industrial project, being a private sector establishment, having a commercial or industrial registrar, and demonstrating growth potential. | Interest rate of 3.5% per annum | Eligibility – Environmental Compliance and Sustainable Development Office (eco-fei.org) |
| The Egyptian Pollution Abatement Programme (EPAP) III | EPAP is an initiative of the Ministry of Environment to help the industry improve performance and comply with environmental regulations. | CAPEX & OPEX | Environmental and pollution control project financing for SMEs. | Eligible companies can apply for loans up to EUR 15 million, with an additional 20% grant if they achieve the agreed environmental objectives. A separate grant window of EUR 5 million is available for SMEs. | N/A | https://www.nbe.com.eg/ AssetsManager/ 622cfcbe-5c00-4d3b -a00d-27adec168ba8.pdf |
| Fattening projects in cooperation with Ard Al Khair company | Financing up to 100% of the cost of heads and feed. | CAPEX & OPEX | Providing credit facilities to the beneficiaries of the fattening project in cooperation with Ard Al Khair Company. | Financing up to 100% of the cost of heads and feed. Maximum finance limit: EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg/ AssetsManager/ 7519a937-6a64 -403c-808b-54e4cbf5bb2d.pdf |
| Feed mills loans | Financing up to 85% of the cost of purchasing machinery, equipment, and raw materials. | CAPEX & OPEX | New and existing, micro and small feed mill projects. | Financing up to 85% of the cost of purchasing machinery, equipment, and raw materials. Maximum finance limit: EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg/ AssetsManager /dc8ba831-7f5f- 419d-9a7c-31e648dd2a6b.pdf |
| Finance in Common programme loans | Agence Française de Développement (AFD) launched the Finance in Common programme in Egypt in November 2022 with three Egyptian banks: the National Bank of Egypt (NBE), Banque Misr (BM), and Banque du Caire (BDC). The programme comprises credit lines and grants totaling more than EUR 153 million, including a EUR 13.25 million grant from the European Union. | CAPEX & OPEX | All sectors | N/A | N/A | https://www.nbe.com.eg /AssetsManager/ 622cfcbe-5c00- 4d3b-a00d-27adec168ba8.pdf |
| Fish farm loans | Financing up to 85% of the working capital cycle for fish farms. | OPEX | Owners of existing and newly established single-water farms (saltwater-based farms only). | Financing up to 85% of the working capital cycle for single-water source farms. Financing up to 60% of the working capital cycle for saline water farms. Maximum finance limit: EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg /AssetsManager/ f6b89e87-4d2c-4a58-879b -fc2f14cc25c8.pdf |
| Green for Growth Fund (GGF) programme loans | Financing energy efficiency and renewable energy projects. | CAPEX & OPEX | Industrial and agricultural sectors | N/A | N/A | https://www.ggf.lu/ fileadmin/user_upload/ Publications/Country_ Fact_Sheets/Egypt_ Fact_Sheet_GGF_Q4_2022.pdf |
| Mashroak (Your Business) | NBE cooperates with the Ministry of Local Development (MLD) to provide finance via NBE’s representatives at various local units nationwide. The purpose of finance includes the purchase of machinery, equipment, and fixtures, financing working capital, financing livestock projects, financing business owners and self-employed professionals, and financing the purchase of cars. | CAPEX & OPEX | Informal economy | Financing tickets starting from EGP 25,000 to EGP 750,000. The term of finance is up to 5 years. | N/A | https://www.nbe.com.eg /NBE/E/#/EN/ProductCategory? inParams=%7B%22 Category ID%22%3A%22292%22%7D |
| Micro financing | Applicants are directly supported via the Micro, Small, and Medium Enterprises Development Agency (MSMEDA)'s Tamkeen project to finance new and existing micro-enterprises nationwide. The purpose of finance includes the purchase of new, used, or imported machinery, financing the working capital of new and existing enterprises, financing livestock projects, financing the project’s fixtures and finishing, financing medical centers, clinics, and pharmacies owned by doctors working in the public and private sectors. | CAPEX & OPEX | Informal economy | Financing tickets starting from EGP 25,000 to EGP 750,000. The term of finance is up to 5 years. | N/A | https://www.nbe.com.eg /NBE/E/#/EN/ ProductCategory? inParams=%7B%22 CategoryID%22%3A% 22292%22%7D |
| Milk collection centers loans | Financing up to 90% of equipment, machinery, and raw materials. | CAPEX & OPEX | Existing and new milk collection centers | Financing up to 90% of equipment, machinery, and raw materials. The maximum finance limit is EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg /AssetsManager/ 5fe0d131- b2c2-4111- 83d3-94c6b7de7cc6.pdf |
| Poultry farms loans | Financing fattening farms (existing and new) in the field of poultry production. | CAPEX & OPEX | Poultry farms (existing and new farms) | Financing fattening farms (existing and new) in the field of poultry production up to 85% of investment costs and the working capital cycle. The maximum finance limit is EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg/ AssetsManager/ 2b37759e-4752- 4e6b-acb9- 215657a6b4d9.pdf |
| Purchasing and feeding bulls for fattening purposes loans | Financing up to 85% of bulls and feeding costs (for fattening) according to the customer's credit history. | OPEX | Small breeders from individuals engaged in breeding bulls, existing and newly established sole proprietors, and micro and small businesses. | Financing up to 85% of bulls and feeding costs (for fattening) according to the customer's credit history. The maximum finance limit is EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg /AssetsManager /0e40471b-65a9- 4d0e-9e3f- a0483dda3f9e.pdf |
| Purchasing and feeding dairy cows for milk production loans | Financing the purchase and feeding of dairy cows for milk production up to 85% of the costs (for fattening/milk production). | CAPEX & OPEX | Small breeders from individuals engaged in breeding dairy cows, sole proprietors, and micro and small businesses. | Financing the purchase and feeding of dairy cows for milk production up to 85% of the costs (for fattening/milk production). The maximum finance limit is EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg /AssetsManager/ 76ec3a06-8d6c- 4e17- 82f0-5b5cbf87fc19.pdf |
| Small dairy processing units (white cheese) loans | Financing up to 85% of equipment, machinery, and raw materials. | CAPEX & OPEX | Existing and new dairy processing projects (white cheese). | Financing up to 90% of equipment, machinery, and raw materials. The maximum finance limit is EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg /AssetsManager /6ed794a7 -a7c4-4735- 8a22-ad12065e47a4.pdf |
| The upgrade of irrigation systems and solar energy applications | Financing up to 85% for upgrading and replacing flood irrigation systems with sprinkler or drip irrigation systems, building a sprinkler or drip irrigation system for new lands and reclaimed lands to build a modern irrigation system, and solar-powered irrigation pumps. | CAPEX | All farms that use traditional methods (flood irrigation) or have new lands and want to build an irrigation system, including small farmers, individuals, and micro and small enterprises. | Financing up to 85%, the maximum finance limit is EGP 2 million in the absence of financial statements and EGP 3 million if financial statements are available. | The Central Bank of Egypt's initiative to support small-sized enterprises at an interest rate of 5%. | https://www.nbe.com.eg /AssetsManager/ e8fe4be6- 7a3e-432e- 8780-dd87bf2d8ab2.pdf |
| UNIDO - Solar Heating in Industrial Processes programme (SHIP) | Supporting industries switching to solar energy for water heating and producing steam. | CAPEX & OPEX | Industrial, commercial, tourism sectors and solar heater producers. | N/A | N/A | https://www.nbe.com.eg /AssetsManager/ 622cfcbe-5c00-4d3b -a00d-27adec168ba8.pdf |
