The program will be offered under the CBE’s FinTech Egypt initiative, the central bank’s digital academy aimed at equipping banking, financial and fintech professionals with advanced technical skills.
The diploma is tailored to improve the technological skills of financial employees in Egypt’s banking sector in line with the country’s plan for digital transformation. It comprises five training programs that provide tools, frameworks and educational exercises that can be enrolled on simultaneously or individually.
The first program, Principles of AI, introduces AI concepts, focusing on its applications in the banking sector. The second program, Mastering the Fundamentals of AI, focuses on exploring core technologies, tools used, and method application.
The third program, Data Management and Governance, addresses frameworks to ensure secure and compliant use of data in accordance with laws and regulations.
The fourth program, Ethics and Risk Management of Artificial Intelligence, covers the responsible adoption of AI technologies and how to align banking processes with regulatory rules and standards.
The fifth program, Application and Management of Artificial Intelligence, focuses on strategies for expanding AI use and integration into banking operations.
CBE Governor Hassan Abdalla said artificial intelligence had become a key driver of growth and innovation in the banking sector, supporting data analysis, forecasting and decision-making, as well as improving financial services, customer experience, security and operational efficiency.
He added that the central bank plans to launch further initiatives to bolster efficiency of human resources, for banking sector employees and university students.
The CBE, in cooperation with the European Bank for Reconstruction and Development (EBRD) and the the Federation of Egyptian Banks (FEB) launched a new series of masterclasses, dubbed MasterTalks, last month, to promote inclusive banking practices and advance innovation across Egypt’s banking sector.
Last month, the CBE, in cooperation with the European Bank for Reconstruction and Development and the Federation of Egyptian Banks, launched a series of masterclasses, dubbed MasterTalks, to promote inclusive banking and innovation across the sector.
The move comes as Egypt steps up efforts to expand digitalisation and position itself as a regional hub for data transfer and communications. The government has introduced a second package of tax incentives aimed at supporting digital transformation and has shifted several public services exclusively to the Digital Egypt platform.
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