Egypt: QNB Group Secures Central Bank of Egypt Approval for Launch of Digital-First Bank

Doha — QNB Group has received regulatory approval from the Central Bank of Egypt (CBE) to establish ezbank, a new digital-first banking entity designed to revolutionize financial access and customer experience in Egypt.

The approval marks a major milestone in QNB Group’s efforts to advance financial inclusion and digital transformation in alignment with the Central Bank of Egypt’s strategic vision and the country’s broader economic development agenda.

According to a statement from QNB, ezbank will integrate cutting-edge digital technologies with global best practicesto deliver seamless, secure, and customer-centric financial services to a wide range of users.

Built around a mobile-first approach, the new digital bank will leverage artificial intelligence (AI) and smart risk management systems to simplify transactions, expand access to financial services, and enhance efficiency across Egypt’s rapidly evolving digital economy.

Through ezbank, QNB aims to strengthen its position as a key enabler of Egypt’s fintech innovation drive while providing individuals and businesses with reliable tools to manage their finances more conveniently and securely in a fully digital environment.