Regulatory Alerts2026-08-17
Added · Updated
Circular Letter dated 17 August 2026 regarding the enhancement of financial literacy for individuals and small, micro, and medium-sized enterprises
The Central Bank of Egypt mandates banks to integrate financial literacy into their financial inclusion strategies and establish independent financial inclusion departments. Banks are required to implement specific educational programs for citizens and SMEs, train staff on responsible sales and fraud prevention, and submit annual work plans and quarterly activity reports to the Central Bank's Financial Inclusion Sector. These measures aim to enhance financial awareness, promote digital payment usage, and ensure the safe and effective use of financial products across all societal segments.