The Central Bank of Egypt imposes a fine of 788 million pounds on Abu Dhabi Commercial Bank

The Central Bank of Egypt issued a decision to impose a huge supervisory fine on ADCB Egypt amounting to 788 million Egyptian pounds, in a move that is considered one of the largest financial sanctions imposed on a banking institution in the history of the Egyptian banking sector. This exceptional fine was the result of the bank's failure to comply with banking controls and instructions related to the mandatory ratio for financing the small, medium and micro enterprises sector, according to an official document Obtained by Fintec Gate. The document revealed that the bank's violation extended over a long period of time from December 2020 to May 2025, as it recorded a clear deficit in the financing allocated to this vital sector, contrary to the regulatory requirements specified by the Monetary Authority. The Central Bank announced a quarterly review plan for the bank's performance starting from the end of June 2025, in order to ensure its future commitment to the prescribed ratios, with an opportunity To recover part of the fine in case of tangible progress in funding the targeted sector. The bank achieved a relative improvement by the end of December 2025, as it was able to recover 136 million pounds of the total fine imposed, after recording a positive development in the credit facility portfolio for small and medium enterprises. It is noteworthy that the Central Bank of Egypt obliges all banks operating in the local market to allocate at least 25% of their portfolios Credit to finance small, medium and micro enterprises, with the need to allocate a minimum of 10% to small enterprises, in addition to the establishment of specialized departments and the provision of qualified cadres to support this strategic activity.