Regulatory Alerts2020-04-04
Added · Updated
Circular Dated April 4, 2020 Regarding Expanding the Scope of the Industrial Private Sector Initiative
The Central Bank of Egypt has expanded its industrial private sector initiative to now include companies in the industrial, agricultural, and agro-processing sectors with annual revenues exceeding one billion Egyptian pounds. This adjustment aims to stimulate the national economy and provide broader support to businesses during the current circumstances. Financial institutions are instructed to implement this policy change effective immediately.
Topics
Share