Banque Misr recently launched ‘fast cash’, which is a personal loan provided to the bank’s Egyptian and foreign clients who have savings in the bank, such as certificates, deposits, and saving accounts.
Through the fast cash service, loans are provided, with the clients’ savings as a guarantee.
The loan’s value is estimated at EGP 5m, and has simple procedures, which is why it was named the ‘fast cash’ service. It also has the least administrative expenses and the highest loan rate, which goes up to 90% of the saving fund’s value.
Banque Misr offers a diverse range of loans that serve the clients’ different needs, with many competitive advantages, such as personal loans, car loans, real estate financing, durable commodities, and club memberships.
