At a Glance
Egypt’s Advanced Operator of National Payment Infrastructure
Egyptian Banks Co. for Technological Advancements “EBC” is the advanced developer and operator of the payment’s infrastructure, connecting the e-payments ecosystem in Egypt, offering consumers, businesses, merchants, financial institutions and state agencies seamless, interoperable and instant payment experiences.
EBC takes pride of its role as the technological arm of the Central Bank of Egypt “CBE”, entrusted with the modernization of e-payments know-how and infrastructure. With the continued support by its prominent shareholders, led by the CBE, EBC has evolved into the national operator of the payment infrastructure.
Fueling Financial Inclusion in Egypt
Financial inclusion is one of the main pillars supporting Egypt’s vision 2023 for sustainable development (SDS), which aims to expand access to financial services. In October 2022, the Central Bank of Egypt announced the “Financial Inclusion Strategy Framework 2022-2025”; an overarching framework ensuring consensus among stakeholders over the financial inclusion roadmap and objectives.
EBC prides itself as an enabler of financial inclusion and serving as the CBE’s technological arm for building and operating a robust infrastructure for electronic payments. EBC has contributed actively to its role through introducing successful cash displacements accelerating the shift to non-cash payments. We will continue leveraging every potential to support the transition to a less cash dependent society