Transcription of FINANCIAL INCLUSION THROUGH DIGITAL FINANCIAL …
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FINANCIAL INCLUSION THROUGH DIGITAL FINANCIAL …
BRINGING. SMART. POLICIES. CE. T. YP. NT. R. A E. G. L B. ANK O. F. TO LIFE. FINANCIAL INCLUSION THROUGH DIGITAL . FINANCIAL SERVICES AND FINTECH: THE CASE OF EGYPT. CASE STUDY. CONTENTS. CONTEXT 3. OBJECTIVE 3. INTRODUCTION 4. EGYPT AT A GLANCE 4. KEY REGULATORY AND MARKET. INFRASTRUCTURE CHALLENGES 6. INITIATIVES TO OVERCOME INFRASTRUCTURAL, OPERATIONAL, LEGAL AND REGULATORY. CHALLENGES 7. EFFORTS GOING FORWARD 9. CONCLUSION 11. ACKNOWLEDGMENT. This case study is an official contribution made by the Central Bank of Egypt (CBE). The report was prepared by Mr. Ehab Nasr, Head of Payment Systems, CBE, and Mr. Mohamed Helmy, Senior Business Officer, Payment Systems Department, CBE, with contributions from members of the payment systems department.
Annual growth rate (year on year) 30% Unique users 9.4 million Age: >50 years old 16% 35–50 years old 29% 25c35 years old 31% 60% 20–25 years old 16% < 20 years old 8% Gender: Male 71% Female 29% Monthly transaction volume 1.78 million Monthly transaction value (EGP) 727 million Money circulated in the system (EGP, (2017) 4.95 billion
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