{"id":600013,"date":"2019-01-16T05:03:09","date_gmt":"2019-01-16T05:03:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative\/"},"modified":"2019-01-16T05:03:09","modified_gmt":"2019-01-16T05:03:09","slug":"central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative\/","title":{"rendered":"Central Bank of Egypt excludes retailers from EGP 200 bn SME financing initiative"},"content":{"rendered":"<p>The Central Bank of Egypt (CBE) has excluded retail-focused SMEs from its facilitated financing initiative in a bid to reroute funding to the service, agriculture, and manufacturing sectors, banking sources <a href=\"https:\/\/www.mubasher.info\/news\/3399053\/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A-%D9%8A%D9%88%D9%82%D9%81-%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A-%D8%A8%D9%85%D8%A8%D8%A7%D8%AF%D8%B1%D8%A9-%D8%A7%D9%84%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%BA%D9%8A%D8%B1%D8%A9-%D9%88%D8%A7%D9%84%D9%85%D8%AA%D9%88%D8%B3%D8%B7%D8%A9?currentUserCountryCode=--\">told Mubasher<\/a>. Retailing SMEs currently account for the lion\u2019s share of the initiative\u2019s borrowers. <a href=\"https:\/\/egyptinnovate.com\/en\/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/central-bank-egypt-provides-plan-fund-egyptian-smes-egp-200-billion\">The CBE\u2019s initiative<\/a>, launched in 2016, aims to extend as much as EGP 200 bn in SME loans by 2020 through making it mandatory for commercial banks to allocate 20% of their loan portfolios to SMEs at 5% interest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Egypt (CBE) has excluded retail-focused SMEs from its facilitated financing initiative in a bid to reroute funding to the service, agriculture, and manufacturing sectors, banking sources told Mubasher. Retailing SMEs currently account for the lion\u2019s share of the initiative\u2019s borrowers. The CBE\u2019s initiative, launched in 2016, aims to extend as much [&hellip;]<\/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":[9298],"tags":[97,204,2372,72,99,7087,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600013","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-agriculture","tag-banking","tag-banking-finance","tag-enterpriseam","tag-fertilizers","tag-finance","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"ee1c1e80-fcf3-4a44-87cc-aec5d444698c","is_powered_by":true,"section_story_id":"31687663-ae8e-4c74-87ef-1d28a0e3a752","story_type":"1","photo_url":"","photo_position":"above","related_issue":[599979],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Central Bank of Egypt excludes retailers from EGP 200 bn SME financing 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\/2019\/01\/16\/central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Bank of Egypt excludes retailers from EGP 200 bn SME financing initiative\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Egypt (CBE) has excluded retail-focused SMEs from its facilitated financing initiative in a bid to reroute funding to the service, agriculture, and manufacturing sectors, banking sources told Mubasher. Retailing SMEs currently account for the lion\u2019s share of the initiative\u2019s borrowers. The CBE\u2019s initiative, launched in 2016, aims to extend as much [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-16T05:03:09+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\/2019\/01\/16\/central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Central Bank of Egypt excludes retailers from EGP 200 bn SME financing initiative\",\"datePublished\":\"2019-01-16T05:03:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative\/\"},\"wordCount\":93,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"agriculture\",\"banking\",\"BANKING + FINANCE\",\"EnterpriseAM\",\"fertilizers\",\"Finance\",\"Manufacturing\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/central-bank-of-egypt-excludes-retailers-from-egp-200-bn-sme-financing-initiative\/\",\"name\":\"Central Bank of Egypt excludes retailers from EGP 200 bn SME financing initiative - 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