2024-03-04 | CBE4.7

CBE Regulation Book 4.7 - Controls Mortgage Of Securities 7

The chapter outlines regulations for banks to follow when using securities as collateral for secured loans, with the aim of preventing fraud and ensuring stable transactions in the securities market while protecting the rights of banks and traders. It emphasizes the importance of verifying ownership of the securities offered as collateral before granting credit and outlines the required documents for registering and lifting a lien on securities, as well as the procedures for selling pledged securities if the borrower defaults on their loan obligations.

Egypt

Central Bank of Egypt

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