In a statement issued Wednesday, the CBE said all measures are meant to enhance financial inclusiveness and adhere to the needs of all societal categories, especially self-employed categories, business owners (individuals or corporates) and micro and small and medium-sized enterprises (MSMEs), in line with President Abdel Fattah El Sisi's directives.

Easing measures ensure entitled customers swift access to obtaining loans, saving certificates, payment and transfer transactions, along with other services meant to encourage citizens open banking accounts, provided that they are granted more flexibility, the statement added.