For the first time in Egypt, AAIB launches its (Merchants Loan Program), providing merchants with optimal low-cost financing to expand their business.

The loans are offered at extremely competitive interest rates and are guaranteed by the value of total electronic payment transactions settled between the bank and the merchant, thereby eliminating the need for collaterals or personal guarantees.

The first of its kind in Egypt, the program is yet another initiative by AAIB towards setting the benchmark for banking services.