CBE Raises Maximum Financing Under Industry Support Initiative to EGP 100 Million

The Central Bank of Egypt has raised the maximum financing available to individual clients under its initiative to support priority industrial sectors to EGP 100 million, up from EGP 75 million, according to a new circular issued on Wednesday.

The move follows approval by the Egyptian Cabinet during its 77th session held on January 28, endorsing amendments to certain parameters of the industrial support initiative originally launched in February 2025.

Under the revised framework, the maximum financing limit for a single client and related parties has also been increased to EGP 150 million, compared with the previous cap of EGP 100 million. The decision signals a policy shift aimed at expanding funding capacity for larger industrial projects.

The initiative provides financing at a preferential interest rate of 15%, as part of broader efforts to stimulate productive activity and strengthen priority industrial sectors.

The circular also includes the addition of new industrial sectors and activities to the initiative, widening the scope of beneficiaries eligible for subsidized financing.

The central bank stressed that credit limits for each client will continue to be determined based on actual business size and in accordance with prevailing banking regulations.

Banks were instructed to implement the new amendments promptly to ensure continued support for priority sectors and to advance the country’s economic development objectives.