Credit Guarantee Co. S.a.e, Dokki, Giza, Egypt | Banks | Yellow.com.eg

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Company Name:

Credit Guarantee Co. S.A.E

Address:

92 Saridar Towers, El Tahrir St.
Dokki, Giza

Phone Number:

02-37626664

Fax:

02-37625401

Egyptian joint stock Company founded on December 9 - 1989. Operating since 1991 supporting small and medium enterprises, activities. Encouraging credit lenders to deal with target groups.

Website:

http://www.cgcegypt.com

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Keyword(s): Bank | Loan | Project

Category(s): Banks

Branches

About Credit Guarantee Co. S.A.E

Company Profile:

A company founded in order to contribute to the development of the Egyptian economy and help provide jobs to reduce unemployment by insuring micro-enterprises and small and medium enterprises, and encouraging lending institutions to deal with targeted groups. For this goal, it is managed by several development programs, the most important of which are:

Small and Medium Enterprises Program (SMEs): The company insures 50% of the loans granted by banks to the owners of these projects in all production activities in order to work on providing new jobs. Minimum amount of insurance is 10,000 LE and the maximum is 1 million LE,. The company does not require any guarantees for the part that it insures.

Health Care Providers Program - Medical Program (HCPP): The company insures physicians, dentists, veterinarians, pharmacists as well as small & medium-sized medical establishments for banks at 100% of the loan value up to 150 thousand LE. Whatever exceeds this range is insured at a minimum of 65% of the loan value with a maximum insurance value of one million LE.

Industrial Modernization Program Corporate Government Funding (IMP CGF): The company insures 50% of the loans granted by banks to develop and modernize the industry, including not more than 2 million LE of insurance value with a maximum of LE a 10 million of the loan. The company does not require any guarantees for the part that it insures.

Energy Efficiency Improvement & Greenhouse Gases Reduction Program (EEIGGR): Provides the funding necessary as insured by the company's equipment manufacture projects and providing services to improve the energy efficiency up to a maximum of LE 300 thousand LE at 100% insurance.

Small & Emerging Businesses Development Program (SEBs): The Company fully insures existing NGOs that sponsor these projects in different governorates covering all economic activities except those of agriculture and livestock.