2015-07-09

Adding the activity of providing banking services to the small and medium enterprises sector to the activities carried out by small branches of banks

The letter is addressed to the Chairman of the Board of Directors of a bank, informing him of the approval of new guidelines by the Central Bank of Egypt's Board of Directors regarding the opening of small bank branches/agencies. The goal of these branches is to encourage the expansion of retail banking services and reach a larger number of customers, contributing to the concept of financial inclusion. The Central Bank's Board of Directors has also agreed to include small and medium-sized enterprise banking services as an additional activity.

Egypt

Central Bank of Egypt

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