Regulatory Alerts2025-10-20
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.
القاهرة في: ٢٠ أكتوبر ٢٠٢٥ Cairo, October 20, 2025.
السيد الأستاذ/ رئيس مجلس الإدارة Mr. Professor/ Chairman of the Board of Directors
بنك Bank
تحية طيبة وبعد،، Greetings and then,,
بالإشارة إلى الكتاب الدوري الصادر بتاريخ ٢٤ مارس ۲۰۰۳ وال كتب الدورية اللاحقة له بشأن الضوابط With reference to the periodic letter issued on March 24, 2003, and the subsequent periodic letters regarding the controls
الواجب مراعاتها عند اصدار شهادات الإيداع البنكية من قبل البنوك لتأسيس شركات بموجبها أو استكمال سداد رأس that must be observed when issuing bank deposit certificates by banks to establish companies or complete the payment of
المال المصدر جزئياً أو كلياً أو زيادة رأس المال. the issued capital partially, completely, or increase the capital.
أود التأكيد على قيامكم حين الافراج عن المبالغ المدرجة بتلك الشهادات المصدرة، الالتزام بإضافتها لحسابات I would like to emphasize that when you release the amounts listed in those issued certificates, you must adhere to adding them to the accounts
الشركة بذات عملة القيد الوارد بالسجل التجاري والنظام الأساسي الخاص بها. of the company with the same currency as recorded in the commercial register and its own basic system.
يُرجى التكرم بالتنبيه نحو الالتزام بما تقدم. Please kindly give notice of the commitment to what is presented.
وتفضلوا بقبول فائق الاحترام،،، And please accept my highest respect,,,
طارق الخولي Tariq Al-Khouli