The plan of the Egyptian Agricultural Bank (EAB) to participate in the Financial Inclusion Week included its presence in a number of gathering areas to promote the services provided by the bank and raise awareness of clients about the importance of joining the banking sector, according to El-Sayed El-Kosayer, chairperson of the bank.
He explained that the bank is currently present in a number of government departments, in seven universities, and several youth centres across Egypt, as well as in some civil society institutions and also in marginalised places like markets.
He added that all 1,210 branches of the bank are participating in the events of the week, explaining that he gave directives to all branch representatives to provide services in the most convenient way possible.
El-Kosayer added that the bank will be opening bank accounts for clients who do not have any bank accounts—for free—including current accounts, as well as payment, transfer, insurance, and micro-enterprise financing services. The accounts will also not require a minimum balance.