2022-03-29 | CBE5.11

CBE Regulation Book 5.11 - Controls Of Providing Services Selling Of Financial Products Issued By Egyptian Banks

The chapter discusses the regulations for providing financial product sales services issued by Egyptian banks and issuing dollar savings books for the Central Bank of Egypt through the National Postal Authority. The agreement between the National Postal Authority and the bank should include clear rules and regulations, and the bank must obtain the Central Bank's approval to ensure the financial solvency of the bank providing these services. The interest and commission rates for dollar savings books should be determined by the Central Bank of Egypt.

Egypt

Central Bank of Egypt

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