2013-02-07

Added 2024-09-20 · Updated 2026-08-02

Adding Certain Goods to Exclude Import Operations from the Minimum Cash Insurance Rate Until End of June 2013

The document adds pharmaceuticals, child milk, foodstuffs (wheat, oils, grains), animal feeds (corn, soy, other requirements), and fertilizers and pesticides to the list of goods exempt from the 50% minimum cash insurance rate for imports. Banks are granted freedom to determine the cash coverage percentage without a minimum floor, subject to Central Bank of Egypt credit issuance controls and their own credit study results. This exemption applies until the end of June 2013.

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