2022-04-05

Added 2024-09-21 · Updated 2026-08-16

Circular dated April 5, 2022 regarding including doctors in the Small Projects Initiative (5%)

The Central Bank of Egypt amends its Small Projects Initiative to allow human, physical therapy, and dental doctors, who are members of the Medical Syndicates Union, to access financing at a 5% declining rate without adhering to standard legal forms or minimum business size thresholds. Banks are required to ensure that these facilities are used exclusively for purchasing medical devices and equipment, while also providing electronic payment means to support digital transformation. Compliance with these provisions is mandatory effective from the date of the circular.

Egypt

Central Bank of Egypt

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