2020-03-26

A circular dated March 25, 2020 regarding adding companies operating in the agricultural field to benefit from the private industrial sector initiative

On March 25, 2020, the Central Bank of Egypt issued a letter to the Chairman of the Board of a bank, announcing an initiative to support the agricultural sector. The initiative includes offering financing to companies operating in the agricultural field, with an annual return of 8%. This is in addition to the continuation of the initiative launched on July 12, 2017, which provides concessional credit facilities at a reduced rate of 5% for small companies and establishments in the agricultural sector.

Egypt

Central Bank of Egypt

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