{"id":575012,"date":"2020-09-29T04:08:02","date_gmt":"2020-09-29T04:08:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/fab-egypt-signs-financial-inclusion-mou-with-postal-service\/"},"modified":"2020-09-29T04:08:02","modified_gmt":"2020-09-29T04:08:02","slug":"fab-egypt-signs-financial-inclusion-mou-with-postal-service","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/fab-egypt-signs-financial-inclusion-mou-with-postal-service\/","title":{"rendered":"FAB Egypt signs financial inclusion MoU with postal service"},"content":{"rendered":"

First Abu Dhabi Bank (FAB) Egypt will work with the postal service to provide financial services after signing an MoU with the National Postal Authority, Al Shorouk<\/a> reports. The services include using post office branches to disburse remittances from Egyptians working abroad, the collection of dues owed to the bank\u2019s clients through the post office\u2019s prepaid cards, and making credit card payments at post office branches, the authority\u2019s chairman, Sherif Farouk, said. With more than 24 mn clients<\/a>, EGP 220 bn in deposits and branches all around the country, the postal service is one of the nation\u2019s largest providers of financial services and a potentially lucrative opportunity for private-sector players.<\/p>\n","protected":false},"excerpt":{"rendered":"

First Abu Dhabi Bank (FAB) Egypt will work with the postal service to provide financial services after signing an MoU with the National Postal Authority, Al Shorouk reports. The services include using post office branches to disburse remittances from Egyptians working abroad, the collection of dues owed to the bank\u2019s clients through the post office\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,104,72,882],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575012","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-economy","tag-enterpriseam","tag-first-abu-dhabi-bank","wpautop","entry"],"acf":{"mongo_id":"66cfe563-dd30-47a3-a9ce-0df66082e5be","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[574982],"teaser":"","voice_url":""},"yoast_head":"\nFAB Egypt signs financial inclusion MoU with postal service - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/fab-egypt-signs-financial-inclusion-mou-with-postal-service\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FAB Egypt signs financial inclusion MoU with postal service\" \/>\n<meta property=\"og:description\" content=\"First Abu Dhabi Bank (FAB) Egypt will work with the postal service to provide financial services after signing an MoU with the National Postal Authority, Al Shorouk reports. The services include using post office branches to disburse remittances from Egyptians working abroad, the collection of dues owed to the bank\u2019s clients through the post office\u2019s […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/fab-egypt-signs-financial-inclusion-mou-with-postal-service\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-29T04:08:02+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/fab-egypt-signs-financial-inclusion-mou-with-postal-service\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/fab-egypt-signs-financial-inclusion-mou-with-postal-service\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FAB Egypt signs financial inclusion MoU with postal service\",\"datePublished\":\"2020-09-29T04:08:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/fab-egypt-signs-financial-inclusion-mou-with-postal-service\/\"},\"wordCount\":121,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"economy\",\"EnterpriseAM\",\"First Abu Dhabi Bank\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/fab-egypt-signs-financial-inclusion-mou-with-postal-service\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/fab-egypt-signs-financial-inclusion-mou-with-postal-service\/\",\"name\":\"FAB Egypt signs financial inclusion MoU with postal service - 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The agreement, a step forward in the way of financial inclusion, will see Banque Misr add more ATMs\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597609,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/tamweely-microfinance-to-launch-seven-new-branches-through-partnership-with-national-postal-authority\/","url_meta":{"origin":575012,"position":1},"title":"Tamweely Microfinance to launch seven new branches through partnership with National Postal Authority","author":"enterpriseam admin","date":"31 July 2019","format":false,"excerpt":"Tamweely Microfinance is launching seven new branches in National Postal Authority (NPA) offices throughout Egypt as part of a partnership between the two organizations, it said in a statement (pdf). The new branches will be set up in Beni Suef, Minya, Sohag and Qena, bringing the total number of Tamweely\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560543,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/03\/bank-audi-egypt-fab-in-2q2021\/","url_meta":{"origin":575012,"position":2},"title":"Bank Audi Egypt = FAB in 2Q2021","author":"enterpriseam admin","date":"3 March 2021","format":false,"excerpt":"Bank Audi will be fully integrated into First Abu Dhabi Bank (FAB) during 2Q2021 after receiving the approval of the Central Bank of Egypt and other regulatory bodies for the transaction, Masrawy reports, citing unnamed sources close to the matter.Background: FAB signed in January a final agreement to acquire 100%\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/78.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559437,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/21\/the-great-lebanese-bank-sell-off-act-ii\/","url_meta":{"origin":575012,"position":3},"title":"The Great Lebanese Bank Sell Off: Act II","author":"enterpriseam admin","date":"21 January 2021","format":false,"excerpt":"FAB is acquiring Bank Audi\u2019s Egypt arm: First Abu Dhabi Bank (FAB) has signed a final agreement to acquire 100% of Bank Audi\u2019s operations in Egypt and expects to complete the transaction in \u201cthe next few months,\u201d the banks said in a statement yesterday. We don\u2019t know how much FAB\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/262.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567507,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/first-abu-dhabi-bank-confirms-acquisition-talks-with-bank-audi\/","url_meta":{"origin":575012,"position":4},"title":"First Abu Dhabi Bank confirms acquisition talks with Bank Audi","author":"enterpriseam admin","date":"26 January 2020","format":false,"excerpt":"M&A WATCH- First Abu Dhabi Bank (FAB) has confirmed it is in talks to acquire Bank Audi\u2019s Egypt unit in a statement (pdf) to the Abu Dhabi stock market. 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