Saturday 23 June 2018
Reserve Requirement

Egypt cenbank cuts reserve requirement on deposits

Egypt's central bank cut its reserve requirement on local currency deposits to 12 per cent from 14 per cent on Tuesday, in a move to provide banks with more cash to lend to the government and business.      The go


Oman raises bank reserve requirement

Oman's central bank has raised the reserve requirement for the commercial banking sector to 8 per cent from 5 per cent, Oman's state news agency said.   The rise is the third in almost a year. Oman tightened bank lending restric

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