CBE includes agricultural, aquaculture production firms in EGP 100bn industry support initiative

  • Date: 27-Mar-2020
  • Source: Daily News Egypt
  • Sector:Industrial
  • Country:Egypt
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CBE includes agricultural, aquaculture production firms in EGP 100bn industry support initiative

Comments Off on CBE includes agricultural, aquaculture production firms in EGP 100bn industry support initiative. The Central Bank of Egypt (CBE) has decided to include agricultural and aquaculture production companies, with annual business or revenues ranging between EGP 50m and EGP 1bn, in its EGP 100bn initiative to boost manufacturing by allowing access to subsidised loans at a declining 8% interest rate.. highest rate to buy US Dollar. lowest rate to sell US Dollar.