Central Bank of Egypt sets new rules for margin financing of securities purchases

The Central Bank of Egypt (CBE) has issued a comprehensive set of rules governing banks’ financing of securities purchases on margin, in a move designed to strengthen oversight, mitigate risks, and preserve the stability and soundness of the banking sector. In a circular sent to lenders, the CBE granted banks a six-month transition period to […] The post Central Bank of Egypt sets new rules for margin financing of securities purchases first appeared on Dailynewsegypt .