2025-09-01

A periodic book on September 1, 2025 on the controls of the banking services units

The Central Bank of Egypt has approved a new initiative to expand banking services to underserved communities, including individuals, small and medium-sized enterprises. This initiative allows banks to establish banking service units outside their traditional branches, waiving the usual capital allocation requirements. These units can be mobile or fixed and offer various services, including cash transactions, account opening, loan applications, and financial literacy programs. Banks must coordinate with the Central Bank, adhere to security measures, and provide regular reports on their operations.

Egypt

Central Bank of Egypt

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