The Central Bank of Egypt (CBE) has taken the responsibility to promote and coordinate financial inclusion, in recognition of its key role in reducing poverty and fostering economic reform programs, whereas account ownership increased significantly for both genders according to FINDEX 2017, however the gender gap has slightly widened. This case study represents the efforts of the CBE and national stakeholders to address women’s financial exclusion recognizing the initiatives that are successfully implemented and inhabited in Egypt aiming at promoting and facilitating responsible financial inclusion.
Impact / Outcome
The roadmap for increasing women’s access to financial services includes: Obtain accurate data on the state of financial inclusion in the country; Expand the reach of Digital Financial Services (DFS); Encourage the use of electronic payments; Identify supply-side and demand-side challenges for designing appropriate policy interventions; Promote responsible financial inclusion and; Encourage better coordination of financial inclusion efforts.
Funding sources
Public
Key Metrics
Provide financially underserved households and female micro, small and medium enterprise owners with an opportunity to be part of the formal financial system
Operating model
Fully publicYear published
01 January 2019 
Alliance for Financial Inclusion (AFI)