CBE to cancel LE10 bn worth of debt owed by 940,000 customers

  • Date: 19-Mar-2020
  • Source: Egypt Independent
  • Sector:Economy
  • Country:Egypt
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CBE to cancel LE10 bn worth of debt owed by 940,000 customers

The Central Bank of Egypt will cancel around LE 10 billion in debt owed to banks by 940,000 customers, as part of a new initiative for individuals in default.. Egypt confirms two new deaths, 30 additional coronavirus cases, raising total to 196. Egypt slams Guardian report claiming the number of coronavirus cases surpasses 19,000. Egypt suspends schools for two weeks, announces LE100 billion plan against coronavirus.