Cairo – Mubasher: Banque Misr is participating in the recently-launched presidential initiative for boosting local consumption.
The three-month initiative is aimed at encouraging citizens of different segments of society to buy local products by offering them discounts on consumer goods and low-interest consumer loans, according to a statement on Monday.
The bank offers a package of funding options, including credit card installment programmes at a 16% annual interest rate.
In addition, personal loans will be provided for making purchases of up EGP 25,000 at an interest rate lower by 1% than the regular one over a 24-month repayment period.
