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Saib Bank participates in the “Dignified Life – Phase Two” initiative under the auspices of the Central Bank of Egypt

Qatahi Al-Sayeh and Iman Al-Wasili 2022

Saib Bank, one of the largest banks operating in the Egyptian market, participates in the “Decent Life” initiative by holding educational seminars. Debt

affiliated to the Sherbeen Center – Dakahlia Governorate in the villages covered by the initiative within a series of educational seminars planned to be held in several centers in different governorates such as Dakahlia, Gharbia, Luxor, Damietta and Alexandria. During the symposium, the concept of financial inclusion and its importance in improving the standard of living of citizens, low-income people and owners of small and micro enterprises, as well as marketing of the saib Mobile Wallet product that suits different customer segments, was reviewed. )

The participation of banks in the initiative of a decent life under the auspices of the Central Bank comes through several activities that are implemented in the villages covered by the initiative to achieve its main objectives, through the deployment of automated teller machines to achieve geographical spread and provide Withdrawal and deposit services and the publication of points of sale with merchants to stimulate electronic payment and dissemination of digital services, as well as providing financing for small, medium and micro enterprises in these villages. This is in addition to the banks providing awareness and financial education activities for citizens.

It is worth mentioning that the participation of Saib Bank in the initiative During the current phase – which covers all the governorates of the Republic and is scheduled to end in June of this year – it will be diverse and different, as the Bank will participate in a series of educational seminars aimed at reviewing financing and banking programs to achieve financial inclusion, in addition to educating villagers about the national initiatives and projects launched by the state. As well as providing additional benefits to micro-loan holders during this period, in cooperation with Tasaheel Company, one of the companies working in the field of microfinance and located in these villages.