LogoRegulatory Alerts
2012-06-11

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Reducing the reserve ratio from 12% to 10%

The Central Bank of Egypt reduces the mandatory reserve ratio for banks from 12% to 10%. This decision applies to the reserve period beginning on June 26, 2012, based on average balances from May 29, 2012. Existing regulations remain in force unless superseded by this decision.

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Egypt

Central Bank of Egypt

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