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Vehicle Replacement Finance Initiative
Vehicles Replacement initiative from Arab African International Bank in cooperation with ministry of Finance and Central Bank of Egypt, offering the best car financing program with the least required documents and fast approval for individuals who own cars with more than 20 manufacturing years, to replace them with new cars working with dual fuel (Gas/ natural gas).
Features and Benefits
Features and Benefits
  • Fixed interest rate 3%.
  • No down payment.
  • Loan tenor 7 or 10 years.
  • Car insurance covering accident or total loss.
  • Full life insurance.
  • Simple documentations and fast approval.
Participating AAIB Branches in the Initiative
  • Qalubyah Governorate: Banha Branch.
  • Alexandria Governorate: Roshdy Branch.
  • Suez Branch.
  • Hurghada Branch.
  • Port Said Branch.
  • Behera Governate: Damanhur Branch.
  • Sohag Branch.
  • Luxor Branch.
  • Aswan Branch.
General Conditions and Required Documents
  • Copy of a valid ID.
  • HR letter.
  • Utility bill (Gas or electricity).
  • Copy of driving license.
  • Copy of valid car license.
  • For application and more information visit (Gogreenegypt.com).
  • * For further information, please call 19555 (24hours/7days).
Apply for Vehicle Replacement Finance Initiative
Terms and Conditions applied
Apply for  Vehicle Replacement Finance Initiative

Arab African International Bank was established by Special Law as a Joint Venture between the Central Bank of Egypt (CBE) and Kuwait Investment Authority (KIA) and was incorporated in 1964 as Egypt’s first Arab multinational Bank.

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