KM Financial Solutions | Egypt to provide $6 bln in loan guarantees to aid business
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Egypt to provide $6 bln in loan guarantees to aid business

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.

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