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Consumer credit slightly increased in 2019 compared to late 2018: Trading Economics

According to Trading Economics-a leading tracker of 196 countries for more than 20m economic indicators, exchange rates, stock market indexes, government bond yields and commodity prices-consumer credit in Egypt increased to EGP 317,376m in January 2019, from EGP 312,427m in December 2018. Consumer credit in Egypt averaged EGP 12,300,9.84m from 2004 until 2019, reaching an …

Doaa A. Moneam

Cabinet approves consumer credit draft law

Egypt’s Cabinet has approved during a meeting on Wednesday a new draft law regulating consumer credit activities. According to a cabinet statement, the draft law contained provisions in 30 articles regulating all activities which provide financing for the purchase of goods and services for consumption purposes in Egypt. “This law protects the productive, service, and …

Daily News Egypt

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