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Friday, 20 September 2019

CBE: EGP 144.2bn worth of loans to small, medium-sized firms since 2016

MENA , Sunday 25 Aug 2019
Views: 862
Views: 862

The Central Bank of Egypt said Sunday that the total value of loans given to small and medium-sized enterprises amounted to 144.2 billion pounds during the period from January 2016 through June 2019. 

Small companies received a total of 84.4 billion pounds during that period, according to CBE statistics obtained by MENA Sunday. 

The portfolio of loans offered to medium-sized firms reached 45.9 billion pounds, while micro-sized facilities got 13.9 billion pounds, the CBE stated.

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