What are the Central Bank of Egypt's financial inclusion events and how do citizens benefit from them? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What are the Central Bank of Egypt's financial inclusion events and how do citizens benefit from them?

Asked by Banky team 2 months ago 2 views
Banky team Reviewed editorial answer

These are set periods throughout the year (such as the youth celebration in August, Women's Day in March, and Farmer's Day in September) during which the Central Bank instructs all banks to open bank accounts completely free of charge (with no opening fees and no minimum balance) for all citizens, along with offering promotional gifts such as an exemption from the fees of some cards.

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