2012-05-13

Controls and rules for bank financing for the acquisition of companies and controls for evaluating goodwill

The letter is addressed to a bank manager, informing them of the Central Bank of Egypt's new regulations regarding the evaluation of goodwill and the financing of acquisitions. The letter emphasizes the importance of adhering to these regulations and mentions that the Supervision and Control Sector will provide the bank with a periodic statement. It also includes details about the evaluation of assets and liabilities, the role of external experts, and the weighting of risk factors in calculating the bank's capital adequacy ratio.

Egypt

Central Bank of Egypt

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