Regulatory Alerts2022-03-28 | CBE3.4Added · Updated
CBE Regulation Book 3.4 - Liquidity Risk Management: Liquidity Ratios in Local and Foreign Currencies
The Central Bank of Egypt mandates that banks maintain a minimum local currency liquidity ratio of 20% and a minimum foreign currency liquidity ratio of 25%. The regulation defines the specific components of the numerator and denominator for each ratio, including eligible assets such as cash, central bank balances, and high-grade securities, while excluding pledged or borrowed assets. Banks must calculate these ratios based on the daily average of actual working days during the month and submit a monthly report to the supervision and inspection department by the 10th of the following month. Failure to comply may result in the suspension of certain provisions of the Central Bank and Financial Institutions Law No. 88 of 2003.
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