Central Bank of Egypt directs local market to abide by sustainable financing principles
Published 25 Jul,2021 via Daily News Egypt - The Central Bank of Egypt (CBE) has directed all banks operating in the local market to take the necessary measures to implement sustainable financing principles.
The CBE indicated, in a letter to banks, that it has previously issued several initiatives aimed at achieving sustainable development goals (SDGs), and promoting sustainable financing.
This comes in light of its interest in establishing the concept of sustainable financing, which contributes to supporting financial and banking stability. The CBE has also been working towards achieving Egypt’s long-term stability in the economy, environment, and society as a whole.
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Daily News Egypt