CIB offers its customers a solar loan service to finance the purchase and installation of solar panels at home with a value of EGP 350,000 at a competitive rate of return and flexible repayment over periods of up to 5 years, in addition to a 50% discount on administrative expenses.
With rising electricity prices, more and more people in Egypt are looking to use renewable energy sources in their daily lives. Solar electricity production is the best solution because of Egypt's long sunny location throughout the year, as well as the vast land that enables energy projects. The use of solar panels will contribute to saving electricity bills in the long run.
All institutions and institutions in Egypt, whether government, large businesses or small companies, are looking forward to investing in clean energy sources at affordable prices. BEK is pleased to contribute to the provision of the best solar financing solutions in collaboration with the most prestigious institutions specialized in this field.
The loan amount reaches 350 thousand pounds
The loan covers up to 100% of the cost of solar panels
50% discount on administrative expenses
Competitive rate of return
Flexible repayment for up to 5 years
To apply for a CIB loan click on the following link:
For more information on the benefits of a solar loan, please contact one of the following:
– Visit the nearest CIB branch
– Call Customer Service in 19666