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Description
On 12 December 2019, the Central Bank of Egypt (CBE) launched EGP 100 billion (approx. USD 6.2 billion) initiative with a lower interest rate of 10% to encourage banks to lend SMEs. Loans will be gran...
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Intervention Details
Intervention Type
Lending support
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
12 Dec 2019
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
SMEs
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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