2022-04-18 | CBE11.6

CBE Regulation Book 11.6 - Companies And Establishments Owned By Women And Managed By Them.

In an effort to measure financial inclusion in Egypt, the Central Bank of Egypt has decided to build a comprehensive database that includes information on micro, small, and medium-sized enterprises owned or managed by women. The definition of these enterprises is based on the criteria set by the Central Bank in March 2017. The Bank has also instructed banks to update their databases to reflect this definition for new accounts and gradually update existing accounts over a maximum of five years.

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