{"id":649496,"date":"2017-03-01T04:11:26","date_gmt":"2017-03-01T04:11:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/"},"modified":"2017-03-01T04:11:26","modified_gmt":"2017-03-01T04:11:26","slug":"banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/","title":{"rendered":"Banks allowed to recognize profit in capital after audit, without need for other approvals"},"content":{"rendered":"

The central bank has issued a directive allowing banks to factor interim profits as part of their capital base for capital adequacy purposes, according to Al Borsa<\/a>. The laws previously allowed banks to include final profits recognized after annual general meetings.<\/p>\n","protected":false},"excerpt":{"rendered":"

The central bank has issued a directive allowing banks to factor interim profits as part of their capital base for capital adequacy purposes, according to Al Borsa. The laws previously allowed banks to include final profits recognized after annual general meetings.<\/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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649496","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"37b281df-dadf-4327-a86f-a98e1aa43d14","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649456],"teaser":"","voice_url":""},"yoast_head":"\nBanks allowed to recognize profit in capital after audit, without need for other approvals - 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\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks allowed to recognize profit in capital after audit, without need for other approvals\" \/>\n<meta property=\"og:description\" content=\"The central bank has issued a directive allowing banks to factor interim profits as part of their capital base for capital adequacy purposes, according to Al Borsa. The laws previously allowed banks to include final profits recognized after annual general meetings.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-01T04:11:26+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banks allowed to recognize profit in capital after audit, without need for other approvals\",\"datePublished\":\"2017-03-01T04:11:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\"},\"wordCount\":55,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\",\"name\":\"Banks allowed to recognize profit in capital after audit, without need for other approvals - 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