CAIRO - 6 April 2022: The Central Bank of Egypt (CBE) board of directors agreed to allow physicians, physiotherapists and dentists to benefit from its initiative to finance small enterprises at a reducing interest rate of 5 percent, according to state news agency, MENA.
The move comes within the framework of President Abdel Fattah El Sisi's directives to support the health sector and young doctors, the CBE said in a statement on Tuesday.
In a letter sent to all banks, the CBE asserted the necessity of providing the necessary funding for medical professionals to purchase medical devices and equipment for their practice.
The CBE called on banks to offer the electronic payment system to the doctors included in this initiative to achieve digital transformation and financial inclusion
Wed, Apr. 6, 2022
