yomo Secures Initial Banking Licence, Ready to Lead Egypt's Digital Banking Evolution
Published on: Wednesday 19 August 2026
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. This marks an important milestone in the evolution of Egypt's banking sector – one in which a new generation of digitally native banks enables banking to become simpler, more intuitive and more accessible for millions of people, whether they are managing everyday fin
News source: https://finance.yahoo.com/economy/policy/articles/yomo-secures-initial-banking-licence-092000833.html
