MEDIUMVulnerability
Global

Yomo secures initial banking licence in Egypt

·Source: Finextra

Updated:

Executive Summary

Commercial International Bank – Egypt (CIB) announces that the Bank received today preliminary approval from the Central Bank of Egypt to establish yomo digital bank, in line with Egypt's digital banks' framework introduced in 2023.

Analysis

Commercial International Bank – Egypt (CIB) announces that the Bank received today preliminary approval from the Central Bank of Egypt to establish yomo digital bank, in line with Egypt's digital banks' framework introduced in 2023.
Source Attribution

Originally published by Finextra on Aug 20, 2026.

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