{"id":22572071,"date":"2026-05-02T09:16:50","date_gmt":"2026-05-02T06:16:50","guid":{"rendered":"https:\/\/fra.gov.eg\/fra_news\/%d9%88%d8%b1%d8%b4%d8%a9-%d8%b9%d9%85%d9%84-%d9%81%d9%8a-%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%a8%d8%a7%d9%84%d8%aa%d8%b9%d8%a7%d9%88%d9%86-%d9%85\/"},"modified":"2026-05-03T14:54:45","modified_gmt":"2026-05-03T11:54:45","slug":"%d9%88%d8%b1%d8%b4%d8%a9-%d8%b9%d9%85%d9%84-%d9%81%d9%8a-%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%a8%d8%a7%d9%84%d8%aa%d8%b9%d8%a7%d9%88%d9%86-%d9%85","status":"publish","type":"fra_news","link":"https:\/\/fra.gov.eg\/en\/fra_news\/%d9%88%d8%b1%d8%b4%d8%a9-%d8%b9%d9%85%d9%84-%d9%81%d9%8a-%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%a8%d8%a7%d9%84%d8%aa%d8%b9%d8%a7%d9%88%d9%86-%d9%85\/","title":{"rendered":"FRA Partners with Central Bank to Boost Credit Disclosure for Non-Banking Financial Firms &#8211;  Saturday 2 May 2026"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: left\"><strong>Dr. Islam Azzam, FRA Chairman:<\/strong><\/p>\n<ul style=\"text-align: left\">\n<li><span style=\"color: #800000\">The quality and integration of credit data are the foundation for financial stability.<\/span><\/li>\n<li><span style=\"color: #800000\">Promoting transparency is key to support accurate credit decision-making and enhance financial inclusion.<\/span><\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left\"><strong>\u00a0<\/strong><\/p>\n<p dir=\"ltr\" style=\"text-align: left\"><strong>Walid Anwar, Assistant Chairman:<\/strong><\/p>\n<ul style=\"text-align: left\">\n<li><span style=\"color: #800000\">A participatory strategy to drive digital transformation and enhance the professional capabilities of their workforce.<\/span><\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left\">\n<p dir=\"ltr\" style=\"text-align: left\">Financial Regulatory Authority (FRA) held a specialized workshop at its headquarters in collaboration with the Central Bank of Egypt (CBE). The event witnessed participation from several companies operating in the non-banking financial sector, specifically targeting firms with client credit facilities reaching approximately EGP 300,000. This initiative is part of joint efforts by both institutions to bolster market efficiency and solidify the foundations of transparency and disclosure.<\/p>\n<p dir=\"ltr\">The session was designed to brief senior management on the strategic value of credit database integration. The agenda included a practical demonstration on utilizing the CBE Information Network procedures manual, alongside training on systematic and precise reporting of client data to improve the overall quality of credit standing information.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">\n<img class=\" wp-image-22572012 alignleft\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/87c44cad-04f3-4dc2-81aa-8c74cfbc8760-300x169.jpeg\" alt=\"\" width=\"357\" height=\"201\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/87c44cad-04f3-4dc2-81aa-8c74cfbc8760-300x169.jpeg 300w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/87c44cad-04f3-4dc2-81aa-8c74cfbc8760-1024x575.jpeg 1024w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/87c44cad-04f3-4dc2-81aa-8c74cfbc8760-768x432.jpeg 768w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/87c44cad-04f3-4dc2-81aa-8c74cfbc8760-1536x863.jpeg 1536w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/87c44cad-04f3-4dc2-81aa-8c74cfbc8760.jpeg 1600w\" sizes=\"(max-width: 357px) 100vw, 357px\" \/>Dr. Islam Azzam, \u00a0FRA Chairman stated that enhancing the quality and integration of credit data is a fundamental pillar for financial system stability, particularly given the rapid growth of non-banking financial activities.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">He emphasized the Authority\u2019s commitment- in coordination with the CBE- to instill a culture of compliance and disclosure. This empowers companies to utilize information systems efficiently, leading to more precise credit decisions, increased market confidence, and the advancement of financial inclusion and sustainable development.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">In the same context, Mr. Walid Anwar, Assistant Chairman for the Non-Banking Finance Sector, explained that organizing such events reflects the Authority\u2019s commitment to a participatory approach and continuous engagement with market stakeholders. He noted that capacity building and workforce development are the cornerstones of developing non-banking financial activities.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">\n<p dir=\"ltr\" style=\"text-align: left\">He expressed FRA&#8217;s dedication to enable companies to efficiently leverage existing information infrastructure to enhance data accuracy and trust in market practitioners. He noted that the Authority will continue to implement awareness and training programs across various activities to establish best professional practices, thereby increasing the sector\u2019s competitiveness and attractiveness to investment.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">The workshop witnessed significant engagement from companies\u2019 representatives. Specialist trainers addressed various technical inquiries, reflecting the organizers&#8217; dedication to support industry professionals and enable them to meet regulatory requirements with ease and efficiency.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">\n<img class=\" wp-image-22572010 alignright\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/e9c33b20-fa70-4cd0-a6cb-90107d9d0b39-300x169.jpeg\" alt=\"\" width=\"327\" height=\"185\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/e9c33b20-fa70-4cd0-a6cb-90107d9d0b39-300x169.jpeg 300w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/e9c33b20-fa70-4cd0-a6cb-90107d9d0b39-1024x575.jpeg 1024w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/e9c33b20-fa70-4cd0-a6cb-90107d9d0b39-768x432.jpeg 768w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/e9c33b20-fa70-4cd0-a6cb-90107d9d0b39-1536x863.jpeg 1536w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2026\/05\/e9c33b20-fa70-4cd0-a6cb-90107d9d0b39.jpeg 1600w\" sizes=\"(max-width: 327px) 100vw, 327px\" \/><\/p>\n<p dir=\"ltr\" style=\"text-align: left\">Discussions focused on methods for providing reliable, up-to-date data to help financing entities make sound credit decisions. This approach aims to mitigate risks and foster sustainable growth opportunities within the non-banking finance sector.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">In closing, FRA and CBE reaffirmed their continued close cooperation in the coming period to support credit market efficiency and keep pace with rapid developments in the financial sector.<\/p>\n","protected":false},"author":124,"featured_media":22572014,"parent":0,"template":"","format":"standard","categories":[142,144],"tags":[3745,3791,3910,3984,4204,4803,4804],"fra_news_taxonomy":[2137,2138],"news_paper_taxonomy":[],"_links":{"self":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news\/22572071"}],"collection":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news"}],"about":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/types\/fra_news"}],"author":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/users\/124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media\/22572014"}],"wp:attachment":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media?parent=22572071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/categories?post=22572071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/tags?post=22572071"},{"taxonomy":"fra_news_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news_taxonomy?post=22572071"},{"taxonomy":"news_paper_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/news_paper_taxonomy?post=22572071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}