2012-06-05

Added 2024-09-20 · Updated 2026-08-16

Detailed rules and procedures for encouraging banks to finance small and medium-sized companies and enterprises

The Central Bank of Egypt mandates that banks exclude specific direct loans and facilities granted to Small and Medium Enterprises (SMEs) from their reserve ratio calculations, effective January 1, 2009. SMEs are defined as entities with annual sales or assets between 1 million and 20 million Egyptian pounds, and paid-up capital between 200,000 and 5 million Egyptian pounds. Banks are required to submit revised Forms 400 and 410 by January 31, 2009, to report these exempted balances, while excluding loans funded or guaranteed by third parties.

Egypt

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