2022-12-20 | CBE14.3

CBE Regulation Book 14.3 - Instructions On Sustainable Finance

The Central Bank's Board of Directors, in its session held on October 26, 2022, decided that all banks operating in the Arab Republic of Egypt must integrate sustainable financing policies into their credit and investment policies and develop implementation procedures, aligning with the guiding principles of sustainable financing issued in July 2021. Banks are required to submit these policies and procedures to the Central Bank by October 1, 2023. The decision also mandates the establishment of a dedicated department for sustainability and sustainable financing, reporting to the CEO or their deputy, by April 1, 2023.

Egypt

Central Bank of Egypt

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