Finance
Innovation
Constantly developing & implementing innovative guarantee products.
Credit Guarantee Company Egypt started in 1989 providing a strategic contribution to the growth of the Egyptian economy by supporting the strategies of the government, which are aimed at developing the private sector and facilitating access to financing for all types of businesses with a special focus on micro, small, and medium enterprises.
We enable viable businesses to obtain better access to financing from financial institutions, especially businesses that fall in the underserved market segments through implementing advanced risk-mitigation products. In times of economic downturn, we act as one of the key government agencies to promote orderly debt settlement while maintaining the financial sector's ability to sustain lending and support investment and recovery at the same time.
Our futuristic vision is to enable small business continuity in Egypt to save and create employment opportunities for youth by driving competition, enabling innovation, and improving access to different financial and non-financial facilities.
Constantly developing & implementing innovative guarantee products.
With the purpose of supporting and enabling the growth and prosperity of small businesses in Egypt, CGC was established on solid ground with a goal to achieve.
Kickstarting our journey towards greatness with continuous development, CGC became the strongest and most effective financial institution in Egypt.
Achieving the goal of enabling the growth and prosperity of SMEs in Egypt, CGC became the most reliable hub for SMEs with a variety of financial and non-financial services.
CGC portforlo was growing moderately & the company was strugging to maintain a minmal portfolio growth rate.
the cental bank of Egypt (CBE) set clear objective of supporting the MSMEs secrot, and considering CGC as one of ites important tools to achieve this objective>
CGC is on the growing track. The Central Bank of Egypt acquired 20% of CGC Egypt shares.
2021 will be the beginning of the company`s new jorney for Thriving & transformation
Sub Governor Central Bank of Egypt
Chairman & Managing Director (SAIB)
Chairman and Managing Director of Suez Canal Bank
Administration & Investigation Group Head
Executive Chairman Industrial Development Bank (IDB)
Chairman & CEO at Banque Du Caire
CEO & Managing Director aIBANK