ISSA welcomes Egyptian CSD as new member
29 January 2025 Egypt
Image: Givaga/stock.adobe.com
The International 51情报站 Services Association (ISSA) has introduced the Egyptian Central 51情报站 Depository (ECSD) as a new member.
Incorporated on 25 March 2021 as an Egyptian joint-stock company, the ECSD plays a vital role in the evolution of Egypt's financial markets.
The ECSD operates in alignment with international best practices, unifying the depository, settlement, and clearing operations for all government debt instruments under one legal entity.
According to ISSA, this strategic initiative has been a 鈥済ame-changer鈥� for Egypt鈥檚 local debt market, fostering greater efficiency, transparency, and market governance.
Its establishment has enhanced the market鈥檚 appeal to foreign investors, ISSA says this positions Egypt as a competitive destination in the global financial landscape.
As a forward-looking institution, ISSA says the ECSD remains dedicated to supporting the sustainable growth of Egypt鈥檚 financial market while strengthening its ties within the global financial infrastructure community.
Incorporated on 25 March 2021 as an Egyptian joint-stock company, the ECSD plays a vital role in the evolution of Egypt's financial markets.
The ECSD operates in alignment with international best practices, unifying the depository, settlement, and clearing operations for all government debt instruments under one legal entity.
According to ISSA, this strategic initiative has been a 鈥済ame-changer鈥� for Egypt鈥檚 local debt market, fostering greater efficiency, transparency, and market governance.
Its establishment has enhanced the market鈥檚 appeal to foreign investors, ISSA says this positions Egypt as a competitive destination in the global financial landscape.
As a forward-looking institution, ISSA says the ECSD remains dedicated to supporting the sustainable growth of Egypt鈥檚 financial market while strengthening its ties within the global financial infrastructure community.
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