Cairo - The Egyptian Banking Institute (EBI), the official training arm of the Central Bank of Egypt (CBE), announced its latest collaboration with PwC’s Academy, the talent and skills development business of PwC Middle East, to offer two online programs; Transfer Pricing Diploma and a Fintech and Digital Banking Certification. These programs will provide professionals with a solid understanding and extensive knowledge within the banking sector.
The 6 week Diploma in Transfer Pricing provides participants with knowledge about transfer pricing, it’s application in the region, and its impact on other transactions. Participants of this exam based program will gain insights on key concepts such as transfer pricing methods, loans, other financial transactions and advance pricing arrangements. The Fintech and Digital Banking Certification includes 5 modules that focus on the core areas of digital literacy: Introduction to Fintech, Data Analytics, Artificial Intelligence, Blockchain and Cryptocurrencies. Participants will also get an overview of globally prominent fintech players and disruptors, and learn about the relevant laws and regulations.
Mr. Abdel Aziz Nossier, Executive Director of the Egyptian Banking Institute, expressing his eagerness on the new cooperation with PwC’s Academy said “EBI aims to expand and develop its services to keep pace with recent developments on the international scene, and build high calibers powering the banking sector. We are delighted to have PwC’s Academy onboard to benefit from their expertise that will allow us to deliver quality and value-added training programs.”
“These 2 programs will provide trainees with the correct concepts of Fintech, Digital Banking, and Pricing Transfer. By the end of the programs, participants will be able to understand the forces behind the financial technology industry, which is witnessing a continuous and steady development, and to realize the potential of artificial intelligence in achieving the goals,” added Mr. Nossier.
Amanda Line, PwC Partner and PwC Academy Leader said “The financial sector, like many others, is undergoing a transformation. The laws in the region are evolving with introduction of VAT and transfer pricing, and technology is disrupting business as we know it. This has created a need in the market for a highly skilled workforce that has the right knowledge, skills and mindset to embrace this change. We are pleased to partner with Egyptian Banking Institute to offer these 2 programs in Egypt that will enable and upskill the banking sector workforce, right from the trainees all the way to banking executive management.”
“Taking into consideration the present circumstances and to facilitate the educational process for the trainees and following the success of EBI’s e-learning services, the institute is offering these two training programs online”, added Mr. Nossier.
Mr. Nossier confirmed that this agreement is a milestone in the Institute's vigorous efforts to bring the latest international practices and experiences to Egypt, in addition to its ongoing efforts in the field of vocational education and training.
© Press Release 2020
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