< Back to Articles

Central Bank of Egypt Governor assumes Chairmanship of AFI Board of Directors

Central Bank of Egypt Governor assumes Chairmanship of AFI Board of Directors

Tarek Amer, the Governor of the Central Bank of Egypt (CBE), has assumed the role of the new Chairman of the Alliance for Financial Inclusion (AFI) Board of Directors.

The decision comes on the fringe of AFI meetings which were held last Monday in Kigali, the capital of Rwanda, as per a statement from the CBE to MENA.

CBE announced in a report that financial inclusion is a priority to be addressed across Egypt, with an objective to encompass as many Egyptian citizens as possible in the finance system. In line with the development strategy planned out for 2030, CBE incorporated a financial inclusion database in 2018 and is currently working to determine different financial services being utilized by financial institutions. CBE’s report also claimed that these services are offered at convenient prices, further enabling financial inclusion to every citizen in Egypt.

The Central Bank has been a prominent member of the AFI since 2013, and Mr. Amer had already assumed the role of Vice-Chairperson of AFI’s Board of Directors back in 2018.

 

Tags

Tarek Amer, CBE, Central Bank of Egypt, Alliance for Financial Inclusion, AFI, Financial Inclusion, Kigali, Rwanda

related articles

9 August 2020

The Challenges that FinTech Startups in Emerging Markets need to consider

4 November 2019

Startup Competition Launch Ceremony at French Embassy in Cairo

14 October 2019

Central Bank of Egypt Holds Third Roundtable Discussion for FinTech in Egypt

27 August 2019

AlexBank Grants Access To Microfinance For First Time Ever In Egypt

16 July 2019

Meeza cards, the Egyptian national payment scheme push for financial inclusion in Egypt

FinTech Newsletter

Sign up to our newsletter to stay up-to-date on the latest fintech news and events.

Subscribe