{"id":649188,"date":"2017-04-24T04:03:33","date_gmt":"2017-04-24T04:03:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative\/"},"modified":"2017-04-24T04:03:33","modified_gmt":"2017-04-24T04:03:33","slug":"nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative\/","title":{"rendered":"NBE receives EGP 1.5 bn of loan requests for CBE\u2019s hotel renovation initiative"},"content":{"rendered":"

The National Bank of Egypt has received loan requests worth a total of EGP 1.5 bn as part of the CBE\u2019s initiative to provide affordable financing for the tourism industry, NBE Vice President Yehia Aboul Fotouh said, Al Borsa reports<\/a>. The bank will review the loans and decide which ones will be approved within the next few months, according to Aboul Fotouh. Under the CBE\u2019s initiative, banks will offer combined funding of EGP 5 bn in loans at rates of no more than 10% for up to 10 years. The initiative aims to make funds available for hotel renovations and the overhaul of the tourism industry\u2019s fleet of cars, buses, and other vehicles.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bank of Egypt has received loan requests worth a total of EGP 1.5 bn as part of the CBE\u2019s initiative to provide affordable financing for the tourism industry, NBE Vice President Yehia Aboul Fotouh said, Al Borsa reports. The bank will review the loans and decide which ones will be approved within the […]<\/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":[7377],"tags":[72,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649188","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-enterpriseam","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"e92bd9d0-706c-4518-8168-370d330db503","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649152],"teaser":"","voice_url":""},"yoast_head":"\nNBE receives EGP 1.5 bn of loan requests for CBE\u2019s hotel renovation 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\/2017\/04\/24\/nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE receives EGP 1.5 bn of loan requests for CBE\u2019s hotel renovation initiative\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt has received loan requests worth a total of EGP 1.5 bn as part of the CBE\u2019s initiative to provide affordable financing for the tourism industry, NBE Vice President Yehia Aboul Fotouh said, Al Borsa reports. The bank will review the loans and decide which ones will be approved within the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-24T04:03:33+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE receives EGP 1.5 bn of loan requests for CBE\u2019s hotel renovation initiative\",\"datePublished\":\"2017-04-24T04:03:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative\/\"},\"wordCount\":125,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"tourism\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/nbe-receives-egp-1-5-bn-of-loan-requests-for-cbes-hotel-renovation-initiative\/\",\"name\":\"NBE receives EGP 1.5 bn of loan requests for CBE\u2019s hotel renovation initiative - 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