{"id":325147,"date":"2022-04-07T12:52:54","date_gmt":"2022-04-07T12:52:54","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=325147"},"modified":"2022-04-07T12:52:54","modified_gmt":"2022-04-07T12:52:54","slug":"cbe-includes-medical-professions-in-smes-initiative-at-an-interest-rate-of-5","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/04\/07\/cbe-includes-medical-professions-in-smes-initiative-at-an-interest-rate-of-5\/","title":{"rendered":"CBE includes medical professions in SMEs initiative at an interest rate of 5%"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">The Central Bank of Egypt (CBE) is including physicians, physiotherapists, and dentists from members of the Federation of Medical Professions Syndicates to benefit from the SMEs initiative at a declining 5% interest rate, without complying with the legal form or the minimum size of business.<\/span><\/p>\n<p>The SMEs <span class=\"s1\">initiative <\/span>was launched by the CBE<span class=\"s1\"> in January 2016.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The CBE directed banks in the local market to commit to using the facilities granted within the framework of the initiative to finance the investment costs for the purchase of medical devices and equipment while ensuring that they are used for their specified purpose.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Furthermore, the CBE stressed the importance of the role of banks in providing electronic payment methods to funded doctors within the scope of this initiative to support digital transformation and financial inclusion.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Egypt (CBE) decided to include physicians, physiotherapists, and dentists from members of the Federation of Medical Professions Syndicates to benefit from the initiative for small companies issued by the bank in January 2016 at a declining 5% interest rate, without complying with the legal form or the minimum size of business.<\/p>\n","protected":false},"author":4,"featured_media":321424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[222],"class_list":["post-325147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-central-bank-of-egypt-cbe"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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