Al-Ahli Bank: ATM Withdrawal Pressure Reduced During Eid
Cash withdrawals from ATMs declined during the first days of Eid al-Adha, with daily withdrawal amounts dropping to less than one billion pounds compared to 4 to 4.5 billion pounds before the holiday, due to weakened demand for cash during the holiday. The head of the National Bank of Egypt confirmed that the number of ATMs in Egypt stands at 13,500 machines—same as in other banks—after customers withdrew 9 billion pounds over two days before the Eid.
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