2021-08-02

Circular dated July 29, 2021 regarding financial inclusion activities

The Central Bank of Egypt is committed to reaching a wider range of citizens and targeting all segments of society to include them in the formal financial system. To achieve this, the bank has decided to increase the number of financial inclusion events throughout the year, coinciding with national holidays such as Farmers' Day in September and the International Day of Persons with Disabilities in December. The suggested activities during these events include allowing banks to set up outside their branches to promote appropriate banking products and services, waiving account opening fees for new customers, and promoting the use of prepaid cards and electronic wallets.

Egypt

Central Bank of Egypt

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