Banque Misr (BM) -Egypt’s second largest public sector bank- adopted the initiative of the Egyptian Central Bank (CBE) to support tourism sector, Chairman Mohamed Eletreby stated Friday.
The chairman clarified that bank’s plan includes providing a programme to finance domestic tourism in Egypt with the lowest interest rate and a two-year payment period in addition to a free life insurance policy for two years.
The finance is set to be provided through all branches of Banque Misr all over Egypt, Eletreby said.
The financing programme will be available for workers in public and private sectors, freelancers, and pensioners.
Moreover, Banque Misr adopted this initiative to ease visiting all touristic places in Egypt on citizens to which tourists from all over the world come.