Banque du Caire has announced a package of banking products and services free of charge, along with waivers of administrative fees on some microfinance loan products, from 15 to 31 October 2026. The offer is part of the World Savings Day activities held under the auspices of the Central Bank of Egypt (CBE), as the bank seeks to encourage saving and widen the base of people using banking services.

Available products and services:
Free opening of Wafar savings accounts in EGP, USD or EUR, with no minimum balance
Free opening of Wafar current accounts and Wafar Business accounts, with no minimum balance
Free opening of Wafar Micro accounts
Free issuance of the EGP-only "Meeza" debit card for Wafar savings, Wafar current, Wafar Business and Wafar Micro accounts
Free issuance of prepaid cards for both new and existing customers
Free issuance of the Cairo Cash e-wallet for individuals
Free activation of internet banking and mobile banking
100% waiver of administrative fees for new microfinance loan customers
100% waiver of administrative fees on debt-buyout products for microfinance loan customers
50% waiver of administrative fees for microfinance loan customers renewing their loans
Financial inclusion is an initiative launched and a strategy adopted by the Central Bank, aimed at achieving financial stability in Egypt's banking and financial sector and meeting the financial needs of marginalized groups. The CBE has relied mainly on banks to achieve financial inclusion, encouraging them to offer a range of facilities and procedures that enable everyone to access the best banking and financial services to meet their needs.


Comments
No comments yet. Be the first!