Regulatory Alerts2026-04-02
Added · Updated
Circular dated April 2, 2026 amending the definition of financial companies in which banks are allowed to contribute without a maximum limit
The Central Bank of Egypt amends item (3) of the circular dated August 4, 2004 to update the definition of financial companies in which banks may own shares without a maximum limit. The revised definition includes banks, exchange companies, securities companies, real estate finance companies, securitization companies, financial leasing companies, factoring companies, insurance companies, payment service providers, payment system operators, money transfer companies, fintech startups engaged in non-banking financial activities, consumer finance companies, and companies financing small, medium, and micro enterprises.
Topics
Share