policy-updates

Yomo secures preliminary approval for digital banking licence in Egypt

By CityCalc Newsroom · Sat Aug 22 2026 · Source: Daily News Egypt

Commercial International Bank – Egypt (CIB) announced that it received preliminary approval from the Central Bank of Egypt (CBE) to establish “yomo” as a digital bank, in line with Egypt’s digital banking framework introduced in 2023. The approval marks an important milestone in…

Commercial International Bank – Egypt (CIB) announced that it received preliminary approval from the Central Bank of Egypt (CBE) to establish “yomo” as a digital bank, in line with Egypt’s digital banking framework introduced in 2023. The approval marks an important milestone in…

Curated by CityCalc from Daily News Egypt. Read the full article at the source.

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