Egypt to launch commercial register services for banks

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Tuesday - 11 February 2020 - 11:44 AM


The Egyptian Ministry of Supply and Internal Trade announced the launch of commercial register services for the banking sector through the Egyptian Credit Bureau (i-Score) on Wednesday.


The new services will be released in collaboration with the Central Bank of Egypt (CBE) and the Federation of Egyptian Banks (FEB) with the participation of the sub-governor of CBE, a host of banks’ chairmen, and representatives of Federation of Egyptian Industries (FEI),and Egyptian Federation of Chambers of Commerce (FEDCOC).


This move is part of efforts towards digital transformation of services provided to customers and institutions in line with Egypt vision 2030, the Egyptian Internal Trade Development Authority (ITDA) pointed out.