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Compliance and Governance
Banque Misr New Identity
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Free Offers and Promotions by Banque Misr on the Occasion of Final Inclusion Week and International Savings Day Under the Sponsorship of the Central Bank of Egypt
Owing to Banque Misr's keenness on supporting state efforts for financial inclusion and in line with the vision of Egypt 2030 for achieving sustainable development, the Bank actively participated in the events of Inclusion Week and International Savings Day Under the sponsorship of the Central Bank of Egypt. This comes in light of the Bank's belief in the importance of achieving financial inclusion, which aims to enable access of all segments of society to financial products and services that fulfil their diverse needs. These include savings accounts, current accounts, payment and transfer services, insurance, financing and credit. Banque Misr offered various benefits and free offers to serve all customers, especially youths, being the largest segment of society, throughout the events, from 15th to 31st October.
Worth noting is that Banque Misr had provided a multitude of financial products and services, offering benefits and free promotions; such as opening accounts for new customers without administrative fees and without a minimum deposit and issuing "Meeza" debit card on a complimentary basis. As for customers under 16 years of age, they were exempt from administration fees of issuing the prepaid TEENS card. For customers ranging in age from 16 to 30, account opening was done on a free-of-charge basis, while also being issued a complimentary GO card. BM Wallet customers were offered cash-back of 20% on the first transaction, subject to applicable terms and conditions.
Banque Misr's participation in the financial inclusion event (Financial Inclusion Week and International Savings Day) under the auspices of the CBE comes as part of the Bank's interest in partaking in all initiatives and campaigns launched by the CBE – foremost of which is supporting financial inclusion. This is together with supporting women, entrepreneurs and micro business owners, making it one of the first banks to educate the public on financial inclusion, ever since the strategy's launch by the CBE in 2014.
Worth noting is that Banque Misr Banque Misr has launched a promotional campaign entitled "Banque Misr… With You Anytime, Anywhere" to spread awareness on the various banking products and services; with phase one kicking off in the areas of Khankah, Salam, Al-Marg, Al-Khusous, Al-Nahda and Al-Hirafiyeen; and the second stage set to include Sharqiah, Minoufiya, Gharbiya, Daqahlia, Beheira, Damietta, Alexandria, Kafr El-Sheikh, Qalioubiya and Ismailia.
Banque Misr has consistently supported state efforts for achieving financial inclusion, by partaking in various initiatives and protocols that serve members of the community. This is in addition to adopting several programs for awareness and financial inclusion; introducing banking products and services to university and school students; and supporting small and medium enterprise owners as part of the "Nilepreneurs" initiative under the auspices of the CBE. The initiative aims to assist young entrepreneurs and encourage startups in various economic sectors.
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