FRA raises microfinance ceiling to EGP 292,000, expands microinsurance coverage - News Summed Up

FRA raises microfinance ceiling to EGP 292,000, expands microinsurance coverage


The Financial Regulatory Authority (FRA) has issued Decision No. 1 of 2026, raising the maximum financing limit for microenterprise funding provided by companies, associations, and civil society institutions from EGP 266,000 to EGP 292,000. 2 of 2026, increasing the maximum insurance coverage for microinsurance activities to EGP 390,000, up from about EGP 312,500 previously. The extension aims to give companies sufficient time to comply with capital requirements, supporting stronger financial positions and greater sector resilience. Insurance and reinsurance brokerage companies are required to raise their capital to a minimum of EGP 5m, while risk assessment expertise firms, loss adjusting and damage assessment companies, insurance consultancy expertise firms, and actuarial expertise companies must increase their capital to at least EGP 3m by June 2026.


Source: Daily News Egypt February 02, 2026 15:05 UTC



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