ITDA inks cooperation deal to provide e-BR services for banks

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Thu, 18 Jul 2019 - 04:16 GMT

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Thu, 18 Jul 2019 - 04:16 GMT

Commuters walk past a bank sign along a road in New Delhi, November 25, 2015. REUTERS/Anindito Mukherjee/Files

Commuters walk past a bank sign along a road in New Delhi, November 25, 2015. REUTERS/Anindito Mukherjee/Files

CAIRO - 18 July 2019: The Internal Trade Development Authority has signed a cooperation protocol with the Federation of Egyptian Banks and the Egyptian Credit Bureau (I-Score) to provide Electronic Business Registry (e-BR) services for banks through the company.

I-Score chairman Mohamed Kafafi said during a press conference Thursday at the supply ministry’s headquarters that the protocol will allow for query services for the banking sector clients.

The protocol will work on upgrading the culture of credit, increasing confidence among those who work at the credit community and providing an integrated database about economic institutions in the Egyptian market.

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