Egypt's Central Bank Sets EGP 50M Minimum Capital for Credit Guarantee Firms

Egypt’s central bank issued new licensing and supervisory rules for credit guarantee companies, including a minimum issued and paid-up capital of 50 million Egyptian pounds ($967,038), aiming to strengthen financial stability and risk management in the sector. The post Egypt’s central bank sets EGP 50m minimum capital for credit guarantee firms appeared first on Amwal Al Ghad.