{"id":576458,"date":"2020-11-24T03:54:39","date_gmt":"2020-11-24T03:54:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/housing-and-development-bank-plots-entry-into-digital-banking\/"},"modified":"2020-11-24T03:54:39","modified_gmt":"2020-11-24T03:54:39","slug":"housing-and-development-bank-plots-entry-into-digital-banking","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/housing-and-development-bank-plots-entry-into-digital-banking\/","title":{"rendered":"Housing and Development Bank plots entry into digital banking"},"content":{"rendered":"<p>State-owned Housing and Development Bank is planning to apply for a digital banking license from the Central Bank of Egypt (CBE), Chairman Hassan Ghanem told <a href=\"https:\/\/bit.ly\/3nOTqvx\">Masrawy<\/a>. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/47736d03-cceb-4eb3-a83a-484c4d941c75\">A growing number<\/a> of Egyptian banks are planning entrances to the digital banking space, with the National Bank of Egypt, Banque Misr, Suez Canal Bank and ABC Egypt all mulling digital arms.<\/p>\n<p><strong>In related news<\/strong>: Non-banking financial services provider Ebtikar will launch a dedicated digital mobile wallet next year in collaboration with EG Bank, CEO Ayman El Dessouki told <a href=\"https:\/\/bit.ly\/2US4MT0\">Hapi Journal<\/a>. Ebtikar already runs the e-payments app <a href=\"https:\/\/www.e-masary.com\/\">Masary<\/a>.<\/p>\n<p><strong>Meanwhile<\/strong>, another one of Ebtikar\u2019s fintech firms, Bee Smart Payment Solutions, received central bank approval to facilitate electronic payments through Banque Misr, the company said in a statement cited by <a href=\"https:\/\/bit.ly\/3pXaFfZ\">Masrawy<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Housing and Development Bank is planning to apply for a digital banking license from the Central Bank of Egypt (CBE), Chairman Hassan Ghanem told Masrawy. A growing number of Egyptian banks are planning entrances to the digital banking space, with the National Bank of Egypt, Banque Misr, Suez Canal Bank and ABC Egypt all [&hellip;]<\/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":[2372,138,1166,72,183,829,595,343],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-576458","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-ebtikar","tag-eg-bank","tag-enterpriseam","tag-fintech","tag-housing-and-development-bank","tag-non-banking-financial-services","tag-regulation","wpautop","entry"],"acf":{"mongo_id":"afc46ebe-0dd7-4bda-8b6a-9257eea362ba","is_powered_by":true,"section_story_id":"5d868993-deba-4522-847e-cd8c0b399972","story_type":"1","photo_url":"","photo_position":"above","related_issue":[576429],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Housing and Development Bank plots entry into digital banking - 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\/11\/24\/housing-and-development-bank-plots-entry-into-digital-banking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing and Development Bank plots entry into digital banking\" \/>\n<meta property=\"og:description\" content=\"State-owned Housing and Development Bank is planning to apply for a digital banking license from the Central Bank of Egypt (CBE), Chairman Hassan Ghanem told Masrawy. A growing number of Egyptian banks are planning entrances to the digital banking space, with the National Bank of Egypt, Banque Misr, Suez Canal Bank and ABC Egypt all [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/housing-and-development-bank-plots-entry-into-digital-banking\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-24T03:54:39+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\/11\/24\/housing-and-development-bank-plots-entry-into-digital-banking\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/housing-and-development-bank-plots-entry-into-digital-banking\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Housing and Development Bank plots entry into digital banking\",\"datePublished\":\"2020-11-24T03:54:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/housing-and-development-bank-plots-entry-into-digital-banking\/\"},\"wordCount\":135,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"Ebtikar\",\"EG Bank\",\"EnterpriseAM\",\"Fintech\",\"Housing and Development Bank\",\"non-banking financial services\",\"regulation\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/housing-and-development-bank-plots-entry-into-digital-banking\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/housing-and-development-bank-plots-entry-into-digital-banking\/\",\"name\":\"Housing and Development Bank plots entry into digital banking - 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