Al Ahli Bank of Kuwait–Egypt takes part in International Youth Day initiatives

Al Ahli Bank of Kuwait–Egypt (ABK-Egypt) said on Monday it is celebrating the International Youth Day in “Matrix club in Tanta and Suez sporting club in Suez, under the auspices of Central Bank of Egypt (CBE).

Stemming from its belief in the importance of achieving financial inclusion and raising awareness on the importance of financial literacy among youth, ABK-Egypt said it is keen to provide a wide range of financial services and innovative products with exclusive benefits during the period of the initiative. These offers include free of charge account opening, free debit card issuance, free mobile wallet registration and free accidental insurance policy.

ABK-Egypt’s representatives have engaged with youth through their presence in both cities in an attempt to increase awareness on banking products.

The bank launched a set of new accounts for different customer segments including two Bedaya accounts; for individuals and very small companies with simplified procedures, Sohoula account for individuals, and Future account for youth between 16 and 21 years requiring only their national ID. All four accounts offer exclusive benefits and are opened with zero account opening fees, no minimum balance fees, free debit card issuance and free access to online and mobile banking services, which appeals to unbanked segments and allows the Bank to attract new customers.