Egypt Post’s Savings Reach EGP 120 bn in FY 2021-2022

The Cabinet's Information and Decision Center (IDSC) revealed that the value of savings at Egypt Post increased by 16% in the fiscal year 2021/2022.

In an infographic recently published by the cabinet center, IDSC said the savings jumped from about EGP 103.1 billion in 2020/2021 to EGP119.7 billion in 2021/2022.

A total of 5,794 payment transactions were made electronically in 2021/2022 compared with 4,656 ones made one year earlier; an increase of some 24.4%, IDSC noted.

Egypt Post has been also working on enabling all payment services to be made via our ATM/ITM network, making it easier for things like social housing installments, traffic violations and micro-lending installments to be paid 24/7.

It's worth mentioning that Egypt jumped 34 ranks in Integrated Index for Postal Development (2IPD) 2022.