Cairo-Mubasher: Egypt’s Commercial International Bank (CIB) reduced the limit of cash withdrawals and purchases made in foreign currency using the bank's debit and credit cards abroad, according to a statement.

In early August, the bank also cut the amount of foreign currency customers can spend and withdraw when using their debit and credit cards abroad by 50%.

CIB told their card owners that the new limit for purchases and cash withdrawals abroad will be effective as of 15 August.