2014-09-29

Obtaining the approval of the Central Bank before entering into any bank subscription process

On September 24, 2014 in Cairo: The Governor of the Central Bank of Egypt/ Chairman of the Board of Directors of Banque Misr addresses the need for banks participating in this activity to request approval for any such operation up to a certain limit before entering it. This includes submitting an application, either in the form of a notification or a master agreement signed with the bank from which they will receive the funds. He emphasizes strict compliance with previous commitments and thanks for understanding and respect. Hesham Ramez, Governor of the Central Bank of Egypt.

Egypt

Central Bank of Egypt

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