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Egypt takes big step toward financial transparency and inclusion

The Egyptian government ceased financial transactions by paper checks this month and implemented a new electronic payment and collection system, although only 10% of citizens have relationships with banks.

Customers are seen at the National Bank of Egypt (NBE), also known as the Al Ahli Bank in Cairo, Egypt  March 10, 2016. REUTERS/Amr Abdallah Dalsh - GF10000340456
Customers are seen at the National Bank of Egypt, also known as the Al Ahli Bank, in Cairo, March 10, 2016. — REUTERS/Amr Abdallah Dalsh

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