In light of the growing interest in establishing small and medium-sized projects for Egyptian young people, in increasing local production and reducing imports, especially in recent times, many banks and government agencies are financing these projects and activities.
In this news, we review the full details of obtaining medium-term loans from the Agricultural Bank of Egypt to establish agricultural projects and activities, according to the official website of the bank, namely: medium-term loans from the Agricultural Bank of Egypt.
Medium-term loans from the Agricultural Bank of Egypt include financing for establishing and developing many projects and activities, including “greenhouses, livestock, poultry, fisheries, agro-processing, and beekeeping. On top of these activities is the development of irrigation systems and agricultural mechanization.
The value of medium-term loans from the Agricultural Bank of Egypt.
Bank financing shall be granted in the range of 50% to 75% of the investment costs of the activity or project, or credit categories approved by the Board of Directors of the Agricultural Bank of Egypt, whichever is less. The term of the finance shall determine the period for paying the installments according to the results of credit studies.
