2023-08-22

A circular dated December 25, 2022 regarding extending the period of work in the tourism sector initiative and the retail loans initiative for workers in the tourism sector until the end of March 2023.

In a letter dated December 25, 2022, the Central Bank of Egypt announces an extension of two initiatives to support the tourism sector: the Tourism Sector Support Initiative and the Retail Loans Initiative for Tourism Workers. The extensions, valid for three additional months until March 31, 2023, allow banks to continue accepting requests for payment deferrals while maintaining the existing terms of the initiatives.

Tags
monetary
credit