2025-10-20

A circular dated October 20, 2025 regarding bank deposit certificates for the operations of establishing companies, completing or increasing capital.

This letter, dated October 20, 2025, is addressed to the Chairman of the Board of Directors of a bank. It refers to a circular issued on March 24, 2003, and subsequent circulars regarding the controls to be observed when issuing bank deposit certificates for the establishment of companies or the completion of payment of issued capital, partially or wholly, or an increase in capital. The letter emphasizes the need to adhere to adding the amounts listed in these certificates to the company's accounts in the same currency as recorded in the commercial register and its special basic system.

Egypt

Central Bank of Egypt

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