2022-12-19 | CBE3.6

CBE Regulation Book 3.6 - Reserve Percentage

Banks in Egypt are required to maintain a reserve ratio of at least 18% of their Egyptian pound deposit balances with the Central Bank of Egypt, effective from October 4 to October 17, 2022. The calculation of this ratio is based on specific rules and regulations outlined in the document. Banks must also adhere to guidelines regarding the calculation period, which is based on the average daily balance over a two-week period, excluding weekends and official holidays.

Egypt

Central Bank of Egypt

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