Egypt’s c.bank instructs lenders to put limits on withdrawals, deposits

By Amwal Al Ghad English On Mar 29, 2020

Egypt's central bank Egyptians central bank — Egypt's central bank (CBE)

The Central Bank of Egypt (CBE) said on Sunday it has instructed banks to put limits on daily withdrawals and deposits of 10,000 Egyptian pounds ($636.94) for individuals and 50,000 pounds for firms amid coronavirus concerns.

The central bank has also decided to limit daily ATM withdrawals and deposits to 5,000 pounds, it said in a statement, Reuters reported on Sunday.

Central Bank of Egypt (CBE)deposits

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