CBE and EBI launch fraud combating training programme

The Central Bank of Egypt (CBE), in cooperation with the Egyptian Banking Institute (EBI), has announced the launch of a new training programme titled “Foundations of Fraud Combating” to enhance professional competencies in the banking sector and build resilience against emerging risks. The programme seeks to raise awareness of the latest and rapidly evolving fraud schemes impacting the banking industry.

As part of ongoing efforts to bolster professional skills in the banking sector, the Central Bank of Egypt (CBE) and the Egyptian Banking Institute (EBI) have introduced a training programme focused on combating fraud. Aimed at banking employees across various specializations and job levels, it provides essential knowledge on different types of fraud that could affect staff or customers, along with effective prevention methods.

Mostafa Khidr, General Manager of the Fraud Combating and Financial Crimes Centralized Department at the CBE, described the programme as «a strategic opportunity to enhance awareness and build a shared understanding of various fraud practices and the frameworks for combating banking fraud». He added that fraud prevention is a collective responsibility, relying on robust policies, procedures, and internal controls, but ultimately depending on the vigilance and commitment of institutions, their employees, and customers.

Abdel Aziz Nossier, Executive Director of the EBI, called the launch «another milestone in ongoing efforts to strengthen the capabilities of banking professionals», emphasizing that it equips participants with practical skills to detect and prevent fraudulent activities. He stressed that investing in human capital is key to a more secure and sustainable banking sector. The curriculum features real-life case studies on fraud's impact and outlines appropriate responses to suspected incidents.

Announced on December 28, 2025, the initiative supports quicker response mechanisms and effective mitigation techniques, while establishing a unified definition of banking fraud.

Makala yanayohusiana

The Central Bank of Egypt (CBE) recently organized a seminar on “Current and Emerging Regulatory Developments,” attended by representatives from approximately 23 African central banks, members of the Association of African Central Banks (AACB). The event underscores Egypt’s leading role in fostering cooperation and knowledge exchange among African financial institutions. The seminar focused on priority topics for central bank supervision, including the Pillar II and III frameworks of the Basel Accord.

Imeripotiwa na AI

Commercial International Bank Egypt (CIB) has launched the Women in Business Empowerment Programme, developed with the European Bank for Reconstruction and Development (EBRD) and supported by the European Union’s Financial Inclusion Initiative. The initiative aims to boost women's economic participation and enhance their business growth and competitiveness, aligning with Egypt Vision 2030 and the United Nations Sustainable Development Goals.

Egypt has required non-banking financial institutions with capital over EGP 100m to measure their carbon footprints and offset 20% of annual emissions by purchasing carbon credits, Minister of Investment and Foreign Trade Mohamed Farid announced. The statement came at the International Finance Corporation conference on innovation for resilience.

Imeripotiwa na AI

Egypt is seeking to align international development support with state fiscal reform priorities to maximise the effectiveness of technical and financial aid, Deputy Finance Minister for Fiscal Policy Yasser Sobhi said on Saturday. Speaking at the third annual meeting of the Public Financial Management coordination committee, Sobhi stated that the ministry is committed to completing its management development path by deepening cooperation with international partners. This coordination aims to support the implementation of reform efforts, stimulate economic growth, and improve the efficiency of public services and social protection programmes.

Jumanne, 3. Mwezi wa tatu 2026, 08:48:15

Financial sector reforms yield tangible results, says bank governor

Jumanne, 17. Mwezi wa pili 2026, 04:16:27

Egypt’s CIB named Africa’s best sustainable finance bank for 2025

Jumatatu, 16. Mwezi wa pili 2026, 08:54:51

Central Bank of Egypt guides banking sector toward sustainable finance

Jumatano, 4. Mwezi wa pili 2026, 13:02:24

FRA and CBE discuss boosting support for small businesses and women entrepreneurs

Jumapili, 25. Mwezi wa kwanza 2026, 05:44:31

Egypt's FRA 2025 report highlights reform achievements

Jumatano, 21. Mwezi wa kwanza 2026, 19:15:11

Egypt's private sector investment grows 73% as ministers seek expanded EBRD support

Jumatatu, 19. Mwezi wa kwanza 2026, 14:41:40

Egypt targets competitiveness and private capital as reforms enter delivery phase: investment minister

Jumanne, 23. Mwezi wa kumi na mbili 2025, 11:15:22

CBN drives e-payment modernisation for cybersecurity

Jumamosi, 13. Mwezi wa kumi na mbili 2025, 22:30:10

Kenya launches specialized unit against crypto fraud

Jumamosi, 13. Mwezi wa kumi na mbili 2025, 18:11:22

Cbe governor stresses secure infrastructure for ai-driven transformation

 

 

 

Tovuti hii inatumia vidakuzi

Tunatumia vidakuzi kwa uchambuzi ili kuboresha tovuti yetu. Soma sera ya faragha yetu kwa maelezo zaidi.
Kataa