The Central Bank of Egypt Corporate Program
In order to support Egyptian banking sector during COVID – 19 pandemic, CGC in cooperation with the The Central Bank of Egypt extended the scope of its mission to include supporting large corporates along with MSME’s through a new corporate guarantee program.
- The guaranteed client should be eligible for The Central Bank of Egypt Agriculture, Industrial and Constructions initiative.
- The client should be classified as a performing client with annual sales not less than EGP 200 Mill as per the latest audited financial statements.
- The client should present at least two full year financial statements.
- The client must not have any current bank settlements.