Green finance
CIB
|
Product |
Description |
Uses of funds (capex vs opex) |
Client |
Conditions |
Interest Rate |
Link |
|
Agricultural Products |
Borrowers can benefit from increased energy performance, reduced negetive environmental impact, and technical support in technology selection and project assessment. Target sectors include the following fields: Land reclamation, irrigation improvements, and drainage systems, Agricultural machinery and water distribution systems, Agriculture input supply, Medicinal herbs, aromatic plants, and honey production, Livestock and poultry, Pre- and postharvest activities, Marketing agricultural-related activities, Collection centers, and agricultural packaging facilities, Dairy processing units: Milk chillers and refrigerated trucks, Tomato processing and dehydrating units, Inland fishery and horticulture and Renewable Energy. | CAPEX & OPEX | SMEs | N/A | N/A | |
|
CIB Green Bond Program |
CIB finances assets, projects, and expenditures that support the transition to a low-carbon economy and have a positive impact on the environment and climate including Energy efficiency projects that reduce absolute consumption by at least 15% Certified green buildings. (LEED, BREEAM, or EDGE). This includes a 2.8% grant element. | CAPEX & OPEX | SMEs | Energy efficiency projects that reduce the absolute consumption by at least 15% Certified green buildings. (LEED, BREEAM, or EDGE).This includes a 2.8% grant element. Renewable energy projects, such as solar, wind, geothermal, biomass, biogas, and waste-to-energy. Energy-efficient products, such as vehicles, clean transportation, appliances, and lighting fixtures Energy Management Systems (EnMS) that prove compliance with ISO 50001 or equivalent certification, and Water management that decreases in water utilization from the baseline by 10%. | N/A | |
|
EPAP III |
The Egyptian Pollution Abatement Programme (EPAP) is a major initiative of the Ministry of Environment to help industry improve performance and comply with environmental regulations.Targeting industrial sectors including agricultural sectors such as Land reclamation, irrigation improvements, drainage systems, agricultural machinery and water distribution systems, agriculture input supply, medicinal herbs, aromatic plants, honey production, livestock and poultry, pre- and postharvest activities, marketing agricultural-related activities, collection centers and agricultural packaging facilities, dairy processing units including milk chillers and refrigerated trucks, tomato processing and dehydrating units, Inland fishery and horticulture and renewable energy. | CAPEX & OPEX | Industrial | Loan amount: Up to 90% of the eligible investment cost, Grant element: 10-25% of eligible investment cost, Grace period: Up to 2 years, Loan tenor: Up to 8 years including a grace period, With a ceiling of EUR 15 million or its equivalent. |
N/A | |
|
Growth Loan |
A convenient, easy, and fast loan that can be used for rapid capital infusion to the company to pay their employees’ salaries, and taxes, buy raw materials, pay customs, or cover expenses needed to keep their businesses running. The loan can also be used for business expansion plans and fleet finance. | CAPEX & OPEX | SMEs | Tailored for customers with an annual sales turnover of EGP 1 million up to 200 million, Credit limit up to EGP 6 million, Loan tenor up to 3 years, Competitive TAT for approval, A dedicated relationship manager, Interest rates are subject to CBE initiatives. |
Interest rates subject to CBE initiatives | |
|
Relationship-based finance |
Tailored to customers with an annual sales turnover of EGP 20 million up to EGP 200 million | CAPEX & OPEX | SMEs | Lines of credit with limits up to EGP 25 million, Overdraft facility with competitive limits, Medium-term loans up to five years, Contingent limits (LGs & LCs), Corporate credit card, Flexible repayment terms, Interest rates are subject to CBE initiatives. |
Interest rates subject to CBE initiatives | |
|
Super Business Loan |
A short-term overdraft facility financing working investment needs for suppliers, overheads, salaries, taxes, customs, etc. in addition to issuing partially secured bid, performance, and advance payment letters of guarantee to support the company’s operations and tendering activities for existing and non-existing CIB customers. | OPEX | SMEs | Tailored to customers with an annual sales turnover of EGP 10 million up to EGP 200 million, Credit limit up to EGP 7 million, 10% of the facility could be issued in the form of a corporate credit card with a maximum limit of EGP 250,000, A dedicated relationship manager, Interest rates are subject to CBE initiatives. |
Interest rates subject to CBE initiatives | |
|
Sustainable finance loan |
Supporting responsible growth with lines of credit reaching up to EGP 10 million. Tailored for customers with an annual sales turnover of EGP 1 million up to 200 million, Medium-term loans with tenors of up to five years and a grace period reaching up to 150 days, Short-term facility to cover the company’s working investment needs. | OPEX | SMEs | A credit reaching up to EGP 10 million, Tailored for customers with an annual sales turnover of EGP 1 million up to 200 million, Medium-term loans with tenors of up to five years and a grace period reaching up to 150 days, Short-term facility to cover the company’s working investment needs, A corporate credit card can be issued with an amount reaching up to 10% of the facility, with a maximum limit of EGP 250,000, A dedicated Relationship Manager with the support of a technical expert from the Sustainable Finance team to offer technical assistance services, Incentives reaching up to 25% of the eligible financed assets, from several green finance programs funded by development financial institutions according to their applied eligibility criteria, Interest rates are subject to CBE initiatives. |
Interest rates subject to CBE initiatives | |
|
The Environmental Compliance Office Project – ECO finance program |
A Revolving fund operating under the Eco compliance office at the Federation of Industries targetting the industrial sectors for CAPEX and OPEX financing. | CAPEX & OPEX | SMEs | Loan amount: Up to 90% of the eligible investment cost with a ceiling of EGP 7 million, Grace period: Up to 12 months, Loan tenor: Up to 5 years, including the grace period, Preferential pricing: Lowest interest rate. |
N/A | |
|
Women in Business |
A lending offering tailored for women-owned businesses to support women entrepreneurs. It is a short-term overdraft facility financing working investment needs (suppliers/ overheads/salaries/taxes/customs) in addition to issuing partially secured bids, performance, and advance payment letters of guarantee to support the company’s operations and tendering activities of existing and non-existing CIB customers. | OPEX | Women-led SMEs | Tailored for customers with an annual sales turnover of EGP 1 million up to EGP 200 million, Credit limit up to EGP 7 million, 10% of the facility could be issued in the form of a corporate credit card with a maximum limit of EGP 250,000, A dedicated relationship manager, Interest rates are subject to CBE initiatives. |
Interest rates subject to CBE initiatives |
