National Bank of Egypt to roll out 500k “Meeza” debit cards in December

The National Bank of Egypt (NBE) is planning to roll out 500k national “Meeza” debit cards next month, through which it will target both banked and unbanked customers, NBE’s head of retail Alaa Farouk tells Al Mal. The card — which pensioners, civil servants, and subsidy recipients will be the among the first to access — is part of the government’s bid for financial inclusion and transition towards a cashless economy.