Egypt to provide $6 bln in loan guarantees to aid business
Egypt’s central bank will provide
up to 100 billion Egyptian pounds ($6.36 billion) in loan
guarantees to banks to encourage lending to businesses during
the coronavirus crisis, the state news agency quoted the bank’s
governor as saying on Tuesday.
up to 100 billion Egyptian pounds ($6.36 billion) in loan
guarantees to banks to encourage lending to businesses during
the coronavirus crisis, the state news agency quoted the bank’s
governor as saying on Tuesday.
Posted by Reuters
