Middle East Economic Survey

VOL. LIII

No 49

6-Dec-2010

EGYPT

Egyptian Banks Well Prepared For Imminent Regulatory Changes, Says HC

The Egyptian banking sector is well prepared for the upcoming regulatory changes concerning liquidity and capital, say HC Securities & Investment (HC) in its report Egypt Banks: Clear Skies, released on 30 November. As a result, the report says there is no reason why these changes should impede the sectors growth opportunities. Egypt has been deleveraging...