{"id":567104,"date":"2020-01-13T04:20:05","date_gmt":"2020-01-13T04:20:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cbe-ends-egp-5-bn-medium-sized-business-initiative\/"},"modified":"2020-01-13T04:20:05","modified_gmt":"2020-01-13T04:20:05","slug":"cbe-ends-egp-5-bn-medium-sized-business-initiative","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cbe-ends-egp-5-bn-medium-sized-business-initiative\/","title":{"rendered":"CBE ends EGP 5 bn medium-sized business initiative"},"content":{"rendered":"

<\/a> CBE ends EGP 5 bn medium-sized business initiative:<\/strong> The Central Bank of Egypt has issued a statement (pdf)<\/a> instructing banks to stop giving out new subsidized loans to medium-sized industrial, agricultural and renewable energy firms under its EGP 5 bn finance initiative. The initiative has fulfilled its objectives and the loans allocated have been fully utilized, it said. The CBE last month launched a new EGP 100 bn support mechanism<\/a> for medium-sized manufacturers, which can now apply for subsidized loans at a declining 10% interest rate.<\/p>\n","protected":false},"excerpt":{"rendered":"

CBE ends EGP 5 bn medium-sized business initiative: The Central Bank of Egypt has issued a statement (pdf) instructing banks to stop giving out new subsidized loans to medium-sized industrial, agricultural and renewable energy firms under its EGP 5 bn finance initiative. The initiative has fulfilled its objectives and the loans allocated have been fully […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[97,7106,72,10190,7196,4374,287,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567104","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-agriculture","tag-debt","tag-enterpriseam","tag-enterprises","tag-industry","tag-medium","tag-smes","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b32bddde-1e47-4b34-a0fc-b413ef62c736","is_powered_by":true,"section_story_id":"8fa9ee98-ba74-449a-b6a6-2a8c5fa8a8b8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[567090],"teaser":"","voice_url":""},"yoast_head":"\nCBE ends EGP 5 bn medium-sized business initiative - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cbe-ends-egp-5-bn-medium-sized-business-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE ends EGP 5 bn medium-sized business initiative\" \/>\n<meta property=\"og:description\" content=\"CBE ends EGP 5 bn medium-sized business initiative: The Central Bank of Egypt has issued a statement (pdf) instructing banks to stop giving out new subsidized loans to medium-sized industrial, agricultural and renewable energy firms under its EGP 5 bn finance initiative. The initiative has fulfilled its objectives and the loans allocated have been fully […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cbe-ends-egp-5-bn-medium-sized-business-initiative\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-13T04:20:05+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cbe-ends-egp-5-bn-medium-sized-business-initiative\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cbe-ends-egp-5-bn-medium-sized-business-initiative\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE ends EGP 5 bn medium-sized business initiative\",\"datePublished\":\"2020-01-13T04:20:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cbe-ends-egp-5-bn-medium-sized-business-initiative\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"agriculture\",\"debt\",\"EnterpriseAM\",\"enterprises\",\"industry\",\"medium\",\"SMEs\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cbe-ends-egp-5-bn-medium-sized-business-initiative\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/cbe-ends-egp-5-bn-medium-sized-business-initiative\/\",\"name\":\"CBE ends EGP 5 bn medium-sized business initiative - 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Amer stressed the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591469,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/08\/egypts-egp-150-bn-industry-mortgage-support-initiatives-positive-for-egp-stability-real-estate-sector-beltone\/","url_meta":{"origin":567104,"position":3},"title":"Egypt\u2019s EGP 150 bn industry, mortgage support initiatives positive for EGP stability + real estate sector -Beltone","author":"enterpriseam admin","date":"8 December 2019","format":false,"excerpt":"Gov\u2019t\u2019s EGP 150 bn industry, mortgage support initiatives positive for EGP stability + real estate sector -Beltone: The government and the central bank\u2019s EGP 100 subsidized initiative to provide subsidized loans for mid-sized manufacturers and a EGP 50 bn middle-income mortgage program are expected to be a boon for the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/12\/CBE-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569020,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/central-bank-of-egypt-waives-egp-48-5-bn-worth-of-debt-interest-payments-for-factories\/","url_meta":{"origin":567104,"position":4},"title":"Central Bank of Egypt waives EGP 48.5 bn-worth of debt, interest payments for factories","author":"enterpriseam admin","date":"11 February 2020","format":false,"excerpt":"The Central Bank of Egypt (CBE) has waived EGP 48.5 bn-worth of debt and interest payments for struggling factories and companies as part of its ongoing debt relief initiative, Al Shorouk reports, citing a recent announcement. Meetings between a committee with members from the CBE and the Egyptian Federation of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568760,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/egypts-banks-told-not-to-take-legal-action-against-struggling-factories\/","url_meta":{"origin":567104,"position":5},"title":"Egypt\u2019s banks told not to take legal action against struggling factories","author":"enterpriseam admin","date":"3 February 2020","format":false,"excerpt":"Banks will be required to call off any legal action they\u2019re taking against factories that are unable to pay off their debts as part of a Central Bank of Egypt (CBE) debt relief initiative, CBE Governor Tarek Amer said in a circular to local banks carried by Youm7. The banks\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=567104"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567104\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567090"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567104"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567104"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}