2019-04-08

Circular dated April 7, 2019 regarding concentration risk management

The Central Bank of Egypt has approved the implementation of Basel II supervisory review and evaluation process to enhance the performance of the banking sector and improve its risk management practices. The new regulations focus on concentration risk management and require banks to assess and report their individual and sectoral concentration risk exposure. The Central Bank of Egypt will evaluate banks' compliance with these regulations and may request additional capital requirements for banks with high concentration risks.

Egypt

Central Bank of Egypt

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