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اليوم السابع
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اليوم السابع

2026-11-01T23:00:00.000Z

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اليوم السابع

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Rules for Bank Mergers

Rules for Bank Mergers

The Central Bank Law permits a bank to merge with another bank after obtaining prior authorization from the Central Bank’s Board of Directors and meeting the conditions and procedures it sets, while safeguarding the rights of employees of the bank being merged. The merger results in the cancellation of that bank’s registration, and the cancellation decision must be published in the Egyptian Gazette within ten days of the merger decision.

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