Egypt's president approves CBE, banking sector law
The new law applies to the CBE, the banking sector, currency exchange offices, credit bureaus, payment system operators, and payment service providers
A woman walks past the Central Bank of Egypt's headquarters in downtown Cairo March 17, 2013.
By Staff Writer, Mubasher
Cairo – The Egyptian President Abdel Fattah El-Sisi has approved the law no. 194 of 2020, which regulates the work of the banking sector and the Central Bank of Egypt (CBE), according to the Middle East News Agency (MENA).
The new law applies to the CBE, the banking sector, currency exchange offices, credit bureaus, payment system operators, and payment service providers.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.