Banks across Egypt now offer free accounts for younger customers until August 15 ...Egypt

Banks operating in Egypt on Monday are now offering free bank accounts for new customers without any administrative fees or a minimum balance with identity ID, in celebration of the International Youth Day. The Central Bank of Egypt has introduced a set of proposed activities that can be implemented during financial inclusion, during which banks allow to open a saving bank account, without administrative expenses or a minimum balance to open the account for new customers. Banks provide different types of saving bank account, including: The regular account where customer is required to be at least 21 years old, and an account for young people from the age of 16, and most banks currently use i

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