Tuesday, November 10, 2026, 11:12 AM
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Digital Transformation and Investment Expansion: Launch of the 20th ”People and Banks” Conference Sponsored by the Central Bank

Tuesday 10 November 2026 07:00
Digital Transformation and Investment Expansion: Launch of the 20th ”People and Banks” Conference Sponsored by the Central Bank

Tarek El-Khouly, Deputy Governor of the Central Bank of Egypt, opened the 20th edition of the "People and Banks" conference under the slogan "Digitization... Financing... Growth." The event features broad participation from banking sector leaders and economic experts to discuss the future of financial services and the expansion of digital transformation pathways.

Opening Ceremony and a Review of 20 Years of Success

The event commenced with the official opening and a documentary screening highlighting 20 years since the conference's inception. The session included opening speeches by Dr. Moustafa El-Feki, Chairman of the Arab Media Center, and Hisham Okasha, Conference Chairman and CEO of Banque Misr, alongside addresses from participating banking executives and Conference Secretary-General Yahya Abou El-Fotouh.

Digital Financial Identity and Enhancing Cybersecurity

Chaired by Mohamed Bedair, the first session explored frameworks for building an integrated digital financial identity to boost financial inclusion and modernize banking services. It emphasized data protection requirements and cybersecurity, featuring prominent banking leaders and the Egyptian Banking Institute, followed by an awareness video on banking fraud risks.

Bank Financing as a Key Driver of Economic Growth

Chaired by Hazem Hegazy, the second session focused on the role of bank financing in supporting productive sectors such as industry and agriculture, as well as expanding credit access for small and medium-sized enterprises (SMEs) to reinforce Egypt's comprehensive economic development plans.

Engaging Egyptians Abroad and Announcing Recommendations

The main sessions concluded with discussions on facilitating remittances and savings for Egyptians working abroad and directing them toward local investment opportunities, along with preparing graduates for international labor markets. The conference wrapped up by announcing the results of the digital banking research competition and presenting the final recommendations.