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 expands the eligibility criteria for its industrial private sector initiative to include companies operating in the industrial private sector, agriculture, and agro-processing with annual business volume or revenue exceeding one billion Egyptian pounds. Previously, the initiative provided 100 billion Egyptian pounds at an 8% annual interest rate through banks to companies with annual revenue between 50 million and one billion Egyptian pounds. This decision is effective from April 4, 2020.
More like this from CBE
CBE published 2 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share