The Egypt Financial Regulatory Authority’s Incorporation and Licensing Committee has approved four banks to regularise their status for entry in the Authority’s register that permits trading in government securities and financial instruments in the secondary market. The approved non primary dealer banks are Abu Dhabi Commercial Bank, The United Bank, Arab International Bank, and Emirates NBD. The approvals are made under the framework set by FRA Board Decision 232 of 2024, which created a register for eligible entities to trade government debt instruments in the secondary market, and take into account FRA Chairman Decision 394 of 2025 extending the deadline for regularising such activity. The register covers primary dealer banks, non primary dealer banks, and FRA licensed firms conducting bond dealing, intermediation and brokerage, as well as investment fund activity and securities portfolio and fund management.
Egypt Financial Regulatory Authority 2025-03-27
Egypt Financial Regulatory Authority approves four non primary dealer banks for registration to trade government securities in the secondary market
The Egypt Financial Regulatory Authority’s Incorporation and Licensing Committee approved four banks, including Abu Dhabi Commercial Bank and Emirates NBD, to regularise their status for trading in government securities and financial instruments in the secondary market. This follows FRA Board Decision 232 of 2024 and FRA Chairman Decision 394 of 2025, which extended the regularisation deadline. The register includes primary and non-primary dealer banks, as well as FRA licensed firms involved in bond dealing and securities management.