{"id":545611,"date":"2022-04-05T03:55:25","date_gmt":"2022-04-05T03:55:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/"},"modified":"2022-04-05T03:55:25","modified_gmt":"2022-04-05T03:55:25","slug":"shrodingers-central-bankruptcy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/","title":{"rendered":"Shrodinger\u2019s central bankruptcy"},"content":{"rendered":"<p><strong>The Lebanese central bank is still solvent and <\/strong><strong>performing its role<\/strong>, Banque du Liban Governor Riad Salameh said in a statement picked up by <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/lebanon-central-bank-governor-says-central-bank-still-functioning-statement-2022-04-04\/\">Reuters<\/a>, denying claims by Deputy Prime Minister Saade Chami that the bank had gone bankrupt. \u201cUnfortunately, the state is bankrupt, as is the central bank, so we have a problem \u2026 the loss has occurred,\u201d Chami said in an interview (<a href=\"https:\/\/www.youtube.com\/watch?v=G-M2MSs1koM\">watch, runtime: 3:02<\/a>). Prime Minister Najib Mikati also sought to clarify his deputy\u2019s statements, saying he believed Chami was referring to \u201cliquidity, not solvency.\u201d The country is facing runaway inflation and a currency crisis after defaulting on over USD 30 bn worth of debt last year, but could soon land <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ed327050-5f81-45b5-b5cd-821d4c28301b\">IMF funding<\/a> to help dig it out of the hole.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Lebanese central bank is still solvent and performing its role, Banque du Liban Governor Riad Salameh said in a statement picked up by Reuters, denying claims by Deputy Prime Minister Saade Chami that the bank had gone bankrupt. \u201cUnfortunately, the state is bankrupt, as is the central bank, so we have a problem \u2026 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7328],"tags":[222,1616,72,108],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-545611","post","type-post","status-publish","format-standard","hentry","category-around-the-world","tag-around-the-world","tag-banque-du-liban","tag-enterpriseam","tag-lebanon","wpautop","entry"],"acf":{"mongo_id":"24c6a6d8-a46d-4b3f-b20c-f1354a8f6631","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[545590],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Shrodinger\u2019s central bankruptcy - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shrodinger\u2019s central bankruptcy\" \/>\n<meta property=\"og:description\" content=\"The Lebanese central bank is still solvent and performing its role, Banque du Liban Governor Riad Salameh said in a statement picked up by Reuters, denying claims by Deputy Prime Minister Saade Chami that the bank had gone bankrupt. \u201cUnfortunately, the state is bankrupt, as is the central bank, so we have a problem \u2026 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-05T03:55:25+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Shrodinger\u2019s central bankruptcy\",\"datePublished\":\"2022-04-05T03:55:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/\"},\"wordCount\":126,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Around the World\",\"Banque du Liban\",\"EnterpriseAM\",\"Lebanon\"],\"articleSection\":[\"AROUND THE WORLD\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/\",\"name\":\"Shrodinger\u2019s central bankruptcy - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-04-05T03:55:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shrodinger\u2019s central bankruptcy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Shrodinger\u2019s central bankruptcy - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/","og_locale":"en_US","og_type":"article","og_title":"Shrodinger\u2019s central bankruptcy","og_description":"The Lebanese central bank is still solvent and performing its role, Banque du Liban Governor Riad Salameh said in a statement picked up by Reuters, denying claims by Deputy Prime Minister Saade Chami that the bank had gone bankrupt. \u201cUnfortunately, the state is bankrupt, as is the central bank, so we have a problem \u2026 [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-04-05T03:55:25+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Shrodinger\u2019s central bankruptcy","datePublished":"2022-04-05T03:55:25+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/"},"wordCount":126,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Around the World","Banque du Liban","EnterpriseAM","Lebanon"],"articleSection":["AROUND THE WORLD"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/","name":"Shrodinger\u2019s central bankruptcy - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-04-05T03:55:25+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/shrodingers-central-bankruptcy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Shrodinger\u2019s central bankruptcy"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":545605,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/last-nights-talk-shows-on-banque-du-libans-not-banktrupcy-the-weather\/","url_meta":{"origin":545611,"position":0},"title":"Last Night\u2019s Talk Shows on Banque du Liban\u2019s not-banktrupcy + the weather","author":"enterpriseam admin","date":"5 April 2022","format":false,"excerpt":"The dampened newsflow courtesy of Ramadan meant another slow night on the talk shows. With not much happening locally, the country\u2019s talking heads shifted their attention to Lebanon and the confusion that erupted when the country\u2019s deputy prime minister said the central bank had gone bankrupt. Both Al Tasea (watch,\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641124,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/13\/cbe-to-complete-amendments-of-the-central-bank-and-banking-acts-in-a-month\/","url_meta":{"origin":545611,"position":1},"title":"CBE to complete amendments of the Central Bank and Banking Acts in a month","author":"enterpriseam admin","date":"13 September 2017","format":false,"excerpt":"The CBE will be ready to send the amended Central Bank and Banking Act to the \u201crelevant authorities for approval\u201d in a month after its board finishes discussions on the legislation, Governor Tarek Amer said yesterday. \u201cThe amendments rest on the principles of good governance and aim to give the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547896,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/","url_meta":{"origin":545611,"position":2},"title":"Banque du Caire\u2019s Telda prepaid card gets central bank approval","author":"enterpriseam admin","date":"18 July 2022","format":false,"excerpt":"CBE gives greenlight to BdC\u2019s Telda prepaid card: Banque du Caire has received final approval from the Central Bank of Egypt to launch a prepaid card in collaboration with digital banking app Telda, according to Hapi Journal. The Telda card can be used online and in-store, for money transfers, and\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546847,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/31\/bye-bye-18-certificates-of-deposit\/","url_meta":{"origin":545611,"position":3},"title":"Bye-bye, 18% certificates of deposit\u2026","author":"enterpriseam admin","date":"31 May 2022","format":false,"excerpt":"NBE, Banque Misr suspend sales of 18% CDs: State-owned National Bank of Egypt (NBE) and Banque Misr will no longer be selling one-year, 18% certificates of deposit (CDs) introduced after the Central Bank of Egypt\u2019s devalued the EGP on 22 March, according to a statement (pdf) from Banque Misr and\u2026","rel":"","context":"In &quot;Banking&quot;","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/410.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":642701,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/banque-du-caire-share-listing-ube-sale-could-be-postponed-to-2018\/","url_meta":{"origin":545611,"position":4},"title":"Banque du Caire share listing, UBE sale could be postponed to 2018","author":"enterpriseam admin","date":"21 August 2017","format":false,"excerpt":"IPO WATCH- The central bank is considering delaying both the sale of United Bank of Egypt and the floating of 20% of Banque du Caire\u2019s shares on the EGX, Al Masry Al Youm reports. The central bank had originally said it is planning on listing BdC on the EGX and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592829,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/banque-du-caire-to-ipo-1q2020\/","url_meta":{"origin":545611,"position":5},"title":"Banque du Caire to IPO 1Q2020","author":"enterpriseam admin","date":"7 November 2019","format":false,"excerpt":"IPO WATCH- Banque du Caire to IPO 1Q2010 -Amer: Banque du Caire (BdC) will go ahead with its anticipated IPO in the first quarter of next year, Central Bank of Egypt Governor Tarek Amer said on the sidelines of a startup competition yesterday, according to Al Mal. BdC Chairman Tarek\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=545611"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545611\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/545590"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=545611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=545611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=545611"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=545611"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=545611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}