Regulatory Alerts2022-03-28 | CBE3.8Added · Updated
CBE Regulation Book 3.8 - Controls And Limits On The Concentration Of Investments Of Banks Registered With The Central Bank Of Egypt In Countries And Institutions
The Central Bank of Egypt establishes concentration limits for banks' investments in foreign countries, financial institutions, and financial groups, capping country exposure at 125% of capital for AAA-rated nations and 5% for unrated ones. The regulation sets a 10% limit for individual financial institutions and a 50% limit for financial groups, with specific exceptions for multilateral banks and guarantees. Banks must align their investment strategies with these limits and submit monthly and quarterly reports to the supervisory authority.
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