The Central Bank of Egypt (CBE) takes its responsibility for promoting and coordinating financial inclusion in Egypt seriously, and considers it a strategic objective that can be pursued alongside its primary objective of ensuring a stable and sound financial system.
CBE recognizes that the rapid development and extension of digital platforms can reach financially excluded and underserved populations quickly, securely, transparently and cost-efficiently, with a range of financial services suited to their needs.
This case study explores Egypt’s experience in leveraging new technologies or FinTech to achieve financial inclusion.