companyhistory1
Company History
“Egyptian Banks Co. for Technological Advancement, SAE was founded in 1995 with a vision of spreading the electronic payment culture to reach a cashless society. EBC provides infrastructure to fulfill Egyptian banks sector requirements to serve the ultimate beneficially, mass clients. In 2008 Central Bank of Egypt and Ministry of Finance have acquired 54% of EBC’s shares while 46% remains with the founder banks, CBE has directed EBC to assume the responsibilities of the national inter-bank payment and clearing systems in Egypt.”