Circular dated April 12, 2018 regarding Arab Financial Inclusion Day

Cairo: April 12, 2018

Dear Mr. / Chairman of the Board of Directors

Bank

Greetings,

In conjunction with the upcoming Arab Financial Inclusion Day, which the governors of Arab central banks and monetary authorities agreed in September 2015 to designate April 27 of each year for, during which central and commercial banks take appropriate measures to support financial inclusion, with the aim of including the largest number of societal segments in the formal financial system, and following the activities conducted by the Central Bank of Egypt to celebrate the Arab Financial Inclusion Day throughout the years 2016 and 2017, it is proposed that the activities of this year's Arab Financial Inclusion Day be extended for two weeks, starting from mid-April 2018, during which the following proposed activities will take place:

A- Opening accounts for new customers without fees and without a minimum balance, while reducing annual account fees by at least 50%, starting from the second half of April until the end of April 2018, under the slogan (An Account for Every Citizen).

B- Banks are permitted to be present outside their branches (such as: remote and marginalized areas, different regions of Egypt, clubs, universities, etc.) during the aforementioned period to offer suitable banking products for this segment of customers, and to do the following:

1. Opening an account for every citizen at presence locations.
2. Informing the competent management of the supervision and oversight sector about the presence locations, in addition to the number of accounts opened, by mid-May 2018 at the latest.

C- Coordinating with the Banking Institute to support financial literacy activities.

D- Publishing the promotional "Banner" material containing the slogans of the Arab Financial Inclusion Day and the Bank, which will be attached later to the file prepared for printing, on all bank branches. It will be communicated to you later regarding the file prepared for printing.

E- Printing the informational brochure on financial inclusion and distributing it to the public. It will be communicated to you later regarding the file prepared for printing.

F- Providing media coverage for the event through social media and advertising for the event's activities through electronic means for each bank.

G- Sending informational SMS messages to customers of telecommunications companies to introduce the events and advertise that banks are opening accounts for new customers without fees.

H- Encouraging customers of e-wallets to activate and use their wallets.

Please be so kind as to alert regarding taking the necessary measures in this regard, and to inform us of the achieved results, with giving the matter your special attention.

Accept our highest respect,

Gamal Naguib