2015-06-14

Extending the work period of the tourism initiative until June 2016

In a letter dated June 2, 2015, the Chairman of the Board of Directors of a bank addresses Mr. Hesham Ramez Abdel Hafez, expressing gratitude for his support for the tourism sector and extending the initiative to support it for another year, until the end of June 2016. The letter also mentions the extension of the application of the fourth item of the initiative, which pertains to reducing the return rate without a minimum commitment.

Egypt

Central Bank of Egypt

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