Regulatory Alerts2026-02-18
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Circular dated February 18, 2026 regarding amending some items of the initiative to finance priority industrial sectors in accordance with the approval of the Council of Ministers
The Cabinet approved amendments to the initiative to support priority industrial sectors with a 15% interest rate, increasing the maximum financing limit for a single client to 100 million EGP and for a single client with related parties to 150 million EGP. The amendments also expand the list of eligible priority industrial sectors and activities to include specific sub-sectors within pharmaceuticals, engineering, food, textiles, chemicals, mining, building materials, leather, and metal industries. Banks are instructed to apply these updated criteria and determine credit volumes based on client business volume and regulated banking rules.
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