Digital Banks
El-Etreby stated that this step is an excellent move that aligns with Egypt's digital strategy, aiming to enhance financial inclusion, build a competitive digital economy, expand financial technology, and utilize digital solutions in providing financial services.
With the new licensing regulations, digital banks will be required to keep a minimum issued and paid-up capital of LE 2 billion ($65 million)
As the first day of "Seamless North Africa" conference comes to and, Egypt Today sums up the most important statements made by officials.
