Such indexes contribute to following upon development of services and financial products, the Bank said in a statement on Saturday.

The move is meant to promote sustainable growth and economic stability in accordance with the Sustainable Development Goals and Egypt Vision 2030, it added.

A tangible progress was made in financial inclusion rates during the period between 2016-2022 with a 147% growth rate.

As many as 42.3 million persons or 64.8% have accounts whether in banks, Egyptian Post or mobile wallets or advance credit cards, CBE said.