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About CBE

Decisions of the BOD

Decisions of  the Board

  • Circular dated 23 August 2011 regarding CBE BOD decree dated 5 July 2011 on Banks' Governance.

  • Circular dated 13 june 2011 regarding financial assets reclassification

  • Circular dated 14 April 2011 regarding postponing the deduction of additional impairment on the excess of banks' investments in non-financial companies over 40% of the company's issued capital.

  • Reduction of the cash margin requested from customers on trade finance operations for trading purposes from 100% to 50%.

  • CBE BOD decree no 1703/2009 dated 8 September 2009 to limit banks' investment in non-financial companies to 40% of the company's issued capital.

  • Encouraging Banks to obtain Customer's Credit History from I-Score
    CBE BOD Decree dated 6 January 2009 no. 104/2009 regarding goodwill and no.105/2009 regarding Acquisition Finance

  • CBE BOD decree no. 2408/2008 dated 16 December 2008 regarding SME's
  • Regulations of Financing Real Estate Development Companies (2/10/2007)
  • Exposure limits for the single borrower and his related parties. (7/2/2006)
  • Exposure limits for a banks’ connected lending and their parties. (7/2/2006)
  • Credit Bureau Regulations (17/1/2006)
  • Bases of obligor risk rating and Provisions Formation. (24/5/2005)
  • Rules and Regulations of CBE Credit Registrations (26/4/2005)
  • Development of Liquidity Management Systems in Banks (22/2/2005)