{"id":549915,"date":"2022-10-05T04:05:16","date_gmt":"2022-10-05T04:05:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/"},"modified":"2022-10-05T04:05:16","modified_gmt":"2022-10-05T04:05:16","slug":"cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/","title":{"rendered":"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO"},"content":{"rendered":"

<\/a> The Central Bank of Egypt\u2019s decision to <\/strong>increase the reserve ratio<\/a><\/strong> to 18% was <\/strong>\u201clogical\u201d given current global economic conditions<\/strong>, HSBC Egypt CEO and Deputy Chair Todd Wilcox told CNBC Arabia (watch, runtime 2:34<\/a>). Wilcox said the decision would have a \u201cminimal effect\u201d on HSBC\u2019s bottom line in the short term, but expects it to lead to growth in the long term.<\/p>\n

Refresher: <\/strong>The central bank last month bumped up its reserve requirement for all banks to 18% from 14%, which it said would \u201ccomplement the tightening stance that the CBE is maintaining.\u201d The reserve ratio regulates how much capital commercial banks are required to hold in their reserves. By raising the ratio, the central bank is aiming to restrict lending, tighten financial conditions, and support the currency \u2014 all without raising the cost of borrowing for the government or the private sector.<\/p>\n

HSBC wants to get more involved in SME lending:<\/strong> SMEs account for some 20% of the bank\u2019s total financing portfolio, Wilcox said, adding that HSBC is looking to expand in the Egyptian market, particularly in the SMEs sector, with a focus on companies in import and export, technology, green energy, sustainability, and women-led businesses.<\/p>\n

**Read more about what our friends at HSBC have in store for SMEs<\/strong> in our recent Coffee With interview with Wilcox<\/a>.<\/p>\n

ALSO FROM THE CBE- <\/strong>Banks now have until 14 September 2023 to comply with <\/strong>the new capital requirements<\/strong> required by the 2020 Banking Act after the central bank agreed to extend the deadline by another year, according to a decree published in the Official Gazette. This is the second year-long extension<\/a> the CBE has granted banks. The central bank has not publicly commented on the reasons for the extension.<\/p>\n

The requirements:<\/strong> Under the legislation, banks have to have at least EGP 5 bn<\/a> in liquid assets, a tenfold hike from previous minimim. Foreign lenders\u2019 minimum capital was raised threefold to USD 150mn, while forex bureaus\u2019 increased fivefold to EGP 25 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Central Bank of Egypt\u2019s decision to increase the reserve ratio to 18% was \u201clogical\u201d given current global economic conditions, HSBC Egypt CEO and Deputy Chair Todd Wilcox told CNBC Arabia (watch, runtime 2:34). Wilcox said the decision would have a \u201cminimal effect\u201d on HSBC\u2019s bottom line in the short term, but expects it to […]<\/p>\n","protected":false},"author":1,"featured_media":549916,"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":[7350],"tags":[204,271,72,490],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-banking","tag-central-bank-of-egypt","tag-enterpriseam","tag-hsbc","wpautop","entry"],"acf":{"mongo_id":"a7eb373b-a744-4efd-a6bc-771709312a82","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/142.jpg","photo_position":"above","related_issue":[549905],"teaser":"","voice_url":""},"yoast_head":"\nCBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO - 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\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Egypt\u2019s decision to increase the reserve ratio to 18% was \u201clogical\u201d given current global economic conditions, HSBC Egypt CEO and Deputy Chair Todd Wilcox told CNBC Arabia (watch, runtime 2:34). Wilcox said the decision would have a \u201cminimal effect\u201d on HSBC\u2019s bottom line in the short term, but expects it to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-05T04:05:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO\",\"datePublished\":\"2022-10-05T04:05:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/\"},\"wordCount\":333,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1\",\"keywords\":[\"banking\",\"Central Bank of Egypt\",\"EnterpriseAM\",\"HSBC\"],\"articleSection\":[\"Banking\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/\",\"name\":\"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-10-05T04:05:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO\"}]},{\"@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":"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO - 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\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/","og_locale":"en_US","og_type":"article","og_title":"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO","og_description":"The Central Bank of Egypt\u2019s decision to increase the reserve ratio to 18% was \u201clogical\u201d given current global economic conditions, HSBC Egypt CEO and Deputy Chair Todd Wilcox told CNBC Arabia (watch, runtime 2:34). Wilcox said the decision would have a \u201cminimal effect\u201d on HSBC\u2019s bottom line in the short term, but expects it to […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-10-05T04:05:16+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO","datePublished":"2022-10-05T04:05:16+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/"},"wordCount":333,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1","keywords":["banking","Central Bank of Egypt","EnterpriseAM","HSBC"],"articleSection":["Banking"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/","name":"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1","datePublished":"2022-10-05T04:05:16+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/cbe-move-to-raise-up-reserve-requirements-logical-says-hsbc-egypt-ceo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"CBE move to raise up reserve requirements \u201clogical,\u201d says HSBC Egypt CEO"}]},{"@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":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/142.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":685440,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/23\/hsbc-says-its-committed-to-commercial-investment-banking-in-egypt-amid-reports-its-inching-closer-to-exiting-retail-franchise\/","url_meta":{"origin":549915,"position":0},"title":"HSBC says it\u2019s committed to commercial, investment banking in Egypt amid reports it\u2019s inching closer to exiting retail franchise","author":"enterpriseam admin","date":"23 February 2026","format":false,"excerpt":"\u201cHSBC is very committed to Egypt as a strategic market in which we are squarely focused on the needs of our corporate and investment banking clients,\u201d HSBC Egypt CEO Todd Wilcox told EnterpriseAM","rel":"","context":"In "Banking"","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1303.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":685966,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/25\/cib-says-it-received-the-green-light-to-start-due-diligence-on-hsbc-egypts-retail-franchise\/","url_meta":{"origin":549915,"position":1},"title":"CIB says it received the green light to start due diligence on HSBC Egypt\u2019s retail franchise","author":"enterpriseam admin","date":"25 February 2026","format":false,"excerpt":"CIB is not the only potential suitor for HSBC\u2019s retail business in Egypt if the latter decides to sell, with three other major players also said to be interested","rel":"","context":"In "Banking"","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/437.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":674214,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/26\/hsbc-says-its-here-to-stay-for-corporate-clients-as-it-reviews-the-fate-of-its-retail-business\/","url_meta":{"origin":549915,"position":2},"title":"HSBC says it\u2019s here to stay for corporate clients as it reviews the fate of its retail business","author":"enterpriseam admin","date":"26 October 2025","format":false,"excerpt":"HSBC Group\u2019s review of its retail bank in Egypt comes as it looks to \u201csimplify\u201d globally, but it\u2019s business as usual for now","rel":"","context":"In "Banking"","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1303.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559322,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/18\/hsbc-going-long-on-mena\/","url_meta":{"origin":549915,"position":3},"title":"HSBC going long on MENA","author":"enterpriseam admin","date":"18 January 2021","format":false,"excerpt":"HSBC \u2764\ufe0f Egypt, MENA: The global bank is getting plenty of attention in the domestic press for a statement attributed to Martin Tricaud, its group CEO for the Middle East, North Africa and Turkey, saying that the bank has \u201cambitious plans for growth in MENAT, which is positioned to be\u2026","rel":"","context":"In "Banking"","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":681211,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/14\/the-cbe-is-taking-a-tougher-stance-on-regulation\/","url_meta":{"origin":549915,"position":4},"title":"The CBE is taking a tougher stance on regulation","author":"enterpriseam admin","date":"14 January 2026","format":false,"excerpt":"Last summer, HSBC paid the CBE a EGP 1.4 bn fine for a hodgepodge of findings after an audit","rel":"","context":"In "Banking"","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/1\/437.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638428,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/cbe-raises-required-reserve-on-local-currency-deposits-to-14\/","url_meta":{"origin":549915,"position":5},"title":"CBE raises required reserve on local currency deposits to 14%","author":"enterpriseam admin","date":"4 October 2017","format":false,"excerpt":"CBE raises required reserve on local currency deposits to 14%: The central bank will raise the required reserve ratio on local currency deposits for domestic banks to 14% from 10% as of 10 October, a statement picked up by Reuters says. The bank said it was an \u201cappropriate\u201d time to\u2026","rel":"","context":"In "Speed Round"","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\/549915","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=549915"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549915\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/549905"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/549916"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=549915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=549915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=549915"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=549915"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=549915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}