COOKIE NOTICE

We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

credit

Egypt's central bank tightens rules on credit use for capital financing & dividends

The directive also prohibits the use of bank financing to fund cash dividend distributions and employee bonus shares, as part of efforts to strengthen oversight of credit facilities provided by the banking sector.