2021-02-22

Circular dated February 22, 2021 regarding the use of alternative data for credit assessment through digital assessment models

The Central Bank of Egypt has approved a set of regulations regarding the use of alternative scoring models to assess creditworthiness. The rules are as follows: 1. These guidelines apply exclusively to small and micro enterprises. 2. Lending must be in local authorities would you this is important because it keeps up8

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credit