An individual guarantee is presented on loan-to-loan basis. Where the guarantee scheme is studying every case as presented from the bank. The guarantee scheme is committed to repay the outstanding loan amount equivalent to the percentage of guarantee coverage in case of the borrower’s default, contingent upon Bank compliance with the agreed upon credit conditions. When recovery is in place it is distributed between the bank and the guarantee scheme in pro-rata basis.
The Small and Medium Enterprises Program (SME)
Development of the small and medium enterprises sector, to contribute to the comprehensive development and economic growth efforts.
- All Sectors
The Industrial Modernization Program Credit Guarantee Fund (IMP-CGF)
The program aims to contribute in developing the industrial sector through providing finance in order to modernize different industries through introducing Guarantee mechanism by the Company, in order to encourage banks to finance medium and long term Credit Facilities with high credit risks.
The Health Care Providers Program (HCPP)
The program aims to improve health care services provided to the citizens through the private sector's contribution in achieving national health objectives, through guaranteeing the Credit Facilities provided to the health care providers.
- Health Care
The Agricultural Program (RSM)
Support eligible Egyptian MSMEs (as per CBE definition) in the Agriculture sector to gain access to finance through the guarantee products and mechanics provided under the RSM program.
The Central Bank of Egypt Program (CBE)
The Central Bank of Egypt letter of commitment to enable a line of guarantee supporting eligible Egyptian MSMEs (as per CBE definition) to gain access to finance from the Financial sector backed by CGC guarantee, aiming for broader financial inclusion of target MSMEs in the Egyptian economy.
- All Sectors
The Central Bank of Egypt Tourism Program
In cooperation with Central Bank of Egypt & the Ministry of Finance, this program aims to encourage banks to provide credit facilites to support tourism sector during COVID-19 pandemic and retain employment.
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.