{"id":645586,"date":"2017-07-25T04:05:48","date_gmt":"2017-07-25T04:05:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/nine-banks-will-need-to-make-capital-adjustments-to-comply-with-cbe-banking-laws\/"},"modified":"2017-07-25T04:05:48","modified_gmt":"2017-07-25T04:05:48","slug":"nine-banks-will-need-to-make-capital-adjustments-to-comply-with-cbe-banking-laws","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/nine-banks-will-need-to-make-capital-adjustments-to-comply-with-cbe-banking-laws\/","title":{"rendered":"Nine banks will need to make capital adjustments to comply with CBE, Banking laws"},"content":{"rendered":"<p><strong>Nine banks will need to make capital adjustments to comply with CBE, Banking laws:<\/strong> There are nine banks in Egypt which must make adjustments to meet the minimum cap requirement of EGP 1.5 bn laid out in leaked draft amendments to the Central Bank and Banking acts, <a href=\"http:\/\/www.almalnews.com\/Story\/340939\/12\/9-%D8%A8%D9%86%D9%88%D9%83-%D8%A8%D8%AD%D8%A7%D8%AC%D8%A9-%D9%84%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%B1%D8%A4%D9%88%D8%B3-%D8%A3%D9%85%D9%88%D8%A7%D9%84%D9%87%D8%A7-%D9%84%D9%84%D8%AA%D9%88%D8%A7%D9%81%D9%82-%D9%85%D8%B9-%D9%85%D9%82%D8%AA%D8%B1%D8%AD-%D8%A7%D9%84%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF\">by Al Mal\u2019s count<\/a>. The list includes the Industrial Development and Workers Bank of Egypt (IDWB), Misr Iran Development Bank, Attijariwafa Bank Egypt, Cr\u00e9dit Agricole, ABC Bank, the Arab Investment Bank, and the Housing and Development Bank. IDWB would have the hardest time meeting these adjustments as its capital amounts to EGP 500 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nine banks will need to make capital adjustments to comply with CBE, Banking laws: There are nine banks in Egypt which must make adjustments to meet the minimum cap requirement of EGP 1.5 bn laid out in leaked draft amendments to the Central Bank and Banking acts, by Al Mal\u2019s count. The list includes the [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645586","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"07949315-7ce3-46f1-bb84-e9f3a36db223","order":"0","is_powered_by":true,"section_story_id":"80dff86a-bbfe-417e-8034-45c8b1b1e035","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645574],"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>Nine banks will need to make capital adjustments to comply with CBE, Banking laws - 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\/2017\/07\/25\/nine-banks-will-need-to-make-capital-adjustments-to-comply-with-cbe-banking-laws\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nine banks will need to make capital adjustments to comply with CBE, Banking laws\" \/>\n<meta property=\"og:description\" content=\"Nine banks will need to make capital adjustments to comply with CBE, Banking laws: There are nine banks in Egypt which must make adjustments to meet the minimum cap requirement of EGP 1.5 bn laid out in leaked draft amendments to the Central Bank and Banking acts, by Al Mal\u2019s count. 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Under\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":605237,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/central-bank-of-egypt-could-still-be-looking-into-extending-debt-relief-program\/","url_meta":{"origin":645586,"position":3},"title":"Central Bank of Egypt could still be looking into extending debt relief program","author":"enterpriseam admin","date":"26 December 2018","format":false,"excerpt":"CBE still considering extending the debt relief program? The CBE is reportedly still considering extending its EGP 16.8 bn debt relief program, sources told Al Mal. In a conflicting report earlier this week, banking sources had claimed the CBE was not considering the extension. 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