Regulatory Alerts2018-03-25
Added · Updated
Circular dated March 25, 2018 regarding the exhaustion of the amount available for the working capital financing initiative for medium-sized companies at a return rate of 12%
The Central Bank of Egypt notifies that the 10 billion EGP allocation for the working capital financing initiative for medium-sized companies at a 12% interest rate has been fully exhausted. Banks are instructed to cease granting new financing under this initiative effective immediately.
Topics
monetary
credit
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