The initiative includes the settlement of debts of 3,500 companies and 337,000 individuals in National Bank of Egypt, Banque Misr, Banque du Caire, Export Development Bank of Egypt, Egyptian Arab Land Bank, Agricultural Bank of Egypt (ABE), United Bank, and Industrial Development Bank. The total accumulated unpaid interests by customers addressed by this initiative reached EGP 16.8bn, of which EGP 12bn for companies with balances of less than EGP 10m and EGP 4.8bn for individuals. There have been several calls to extend this initiative, which is due to expire on 31 December 2018, to give defaulters a greater opportunity to repay their debts and benefit from the initiative. Hussain Abdulrahman, General-Secretary of Egypt's Farmer's Union, called on the CBE to extend the initiative. He pointed out that the largest number of defaulters up to 110,000 people are customers in the ABE, mostly small farmers.