Egypt’s FRA forms coordinating committee to develop EPTI

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The committee aims to shore up the non-banking financial activities, while ensuring market stability and efficiency, secured transactions, and activities’ transparency

Staff Writer, Arab Finance

March 6, 2023

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Egypt - The Egyptian Financial Regulatory Authority (FRA) has formed a coordinating committee to develop the activities of the Egyptian Pool for Travel Insurance (EPTI), the FRA stated on March 5th.

The committee aims to shore up the non-banking financial activities, while ensuring market stability and efficiency, secured transactions, and activities’ transparency.

It is worth mentioning that the EPTI was established in 2020 by the FRA to offer citizens insurance coverage.

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