2022-04-05

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

In a letter dated April 5, 2022, the Central Bank of Egypt decided to allow doctors of medicine, physical therapy, and dentistry to benefit from its January 2016 small business initiative at a decreasing interest rate of 5%. This decision was made to support the healthcare sector and create job opportunities for doctors, enabling them to open and equip private clinics. The bank also emphasized the importance of providing electronic payment methods to support digital transformation and financial inclusion for the funded doctors.

Egypt

Central Bank of Egypt

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