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Egypt Permits Banks to Set Up Mini-Branches and Mobile Units

In a bid to broaden financial inclusion, Egypt’s central bank has authorized banks to establish small service units in non-traditional locations—such as malls, cooperatives, and clubs—along with mobile branches on buses and trains. This strategic move aims to bring banking services closer to underserved areas, particularly for MSMEs and remote communities, aligning with Egypt’s Vision 2030 goals.

Source: AGBI

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