CBE to restructure state-owned agricultural bank PBDAC; according to Governor
Principal Bank for Development and Agricultural Credit (PBDAC) will be brought back under the supervision of the Central Bank of Egypt (CBE), the Governor said last Sunday. PBDAC is currently under the jurisdiction of the Ministry of agriculture. "The President and the Prime Minister...and the Minister of Agriculture have agreed for the agricultural bank to return under the umbrella and the supervision of the Central Bank," said Amer. (Ahram)
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