2022-04-11 | CBE3.15

CBE Regulation Book 3.15 - Emergency Liquidity Instructions

The fifteenth chapter outlines the emergency liquidity instructions for banks in Egypt, as per the Central Bank and Banking System Law No. 194 of 2020. The Central Bank's Board of Directors approved the issuance of the general framework for emergency liquidity instructions to address potential crises and mitigate their impact. The instructions emphasize that emergency liquidity support is a last resort for banks facing short-term liquidity crises and is subject to strict eligibility criteria, including adequate collateral and higher-than-average interest rates. The Central Bank closely monitors recipient banks and may disclose emergency liquidity provisions to maintain financial stability and confidence in the banking sector.

Egypt

Central Bank of Egypt

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