VOL. XXXIV

NO. 21

25-FEBRUARY-1991

Financial and Banking News

Regional Banking

Egyptian Central Bank Address Problem of Capital Adequacy

The Central Bank of Egypt has announced plans to inject new capital into thefour principal state-owned banks, and has, for the first time, set capitaladequacy standards for all of Egypt's commercial banks. The move is part of aseries of government measures aimed at improving Egyptian capital markets. InJanuary the Central Bank announced that foreign exchange would...