Central Bank of Egypt sets new rules for margin financing of securities purchases
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The Central Bank of Egypt (CBE) has issued a comprehensive set of rules governing banks’ financing of securities purchases on margin, in a move designed to strengthen oversight, mitigate risks, and preserve the stability and soundness of the banking sector.
In a circular sent to lenders, the CBE granted banks a six-month transition period to align their existing portfolios with the new regulatory framework.
Under the new rules, banks are required to establish internal policies—approved by their
In a circular sent to lenders, the CBE granted banks a six-month transition period to align their existing portfolios with the new regulatory framework.
Under the new rules, banks are required to establish internal policies—approved by their
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