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Industrial Development Bank Takes Part in World Savings Day Activities to Support Financial Inclusion

29 Oct, 2025

As part of its support for the Central Bank of Egypt’s efforts to enhance financial inclusion and promote a savings culture among all segments of society, the Industrial Development Bank (IDB) participated in the World Savings Day 2025 activities, held from October 15 to 31 across all governorates of the Republic.

The Bank’s participation comes within the framework of its ongoing role in expanding access to banking services and encouraging different segments of society to save and use formal banking channels.

IDB’s teams were present at Damanhour Sporting Club in Beheira Governorate and Deraya University in New Minya, engaging directly with citizens and providing simplified explanations of the Bank’s products and services. This included opening savings and financial inclusion accounts with no fees or minimum balance requirements, as well as issuing free debit cards during the event period, in an effort to facilitate safe and easy access to banking services and encourage customers to join the formal banking sector—thereby supporting financial inclusion.

Bank employees also raised awareness about the importance of saving and safe banking practices, and showcased the Bank’s modern digital services, such as internet banking, in line with the state’s efforts toward digital transformation and the promotion of a cashless economy.

The Bank emphasized that its participation reflects its commitment to its developmental role in supporting various segments of society—particularly youth, women, and workers in the informal sector—in a manner that contributes to sustainable development and financial empowerment.

The Industrial Development Bank continues to participate in financial inclusion initiatives throughout the year, driven by its belief that saving is a fundamental step toward financial stability and improving quality of life for all citizens.

This participation is part of the Bank’s broader strategy to support economic and social development and to promote a savings culture, reaffirming its belief in its role in building a sustainable financial community that serves all segments of society.

Industrial Development Bank Takes Part in World Savings Day Activities to Support Financial Inclusion
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