The National Bank of Egypt (NBE) has decided to extend the working hours of the bank at 64 branches to 6:00pm during the period from 21 to 30 April. These branches will be receiving tax dues without providing any other banking services, with the aim of achieving a successful tax season without a throng of crowds.
The bank said in a statement that while choosing the branches where work hours will be extended, it considered that all geographic areas across the country would be covered.
The NBE has previously extended the work hours in its branches during the peak of submitting the initial tax declarations during the period from 24 to 31 March.
This comes within the framework of the bank’s keenness on its role in serving the national economy and supporting the Egyptian tax authority in order to collect dues during the peak time of submitting tax declarations in March and April of every year.
The bank pointed out that its support is reflected in activating the electronic collection system of government dues which allows for the collecting state sovereign revenues quickly and easily to reduce the burden on financiers in paying their dues.
According to the bank, all the branches of the bank will provide e-collection of taxes whether in cash or deduction from accounts, and to take all decisions to facilitate the process for individual financiers or companies.
Furthermore, the bank issued instructions to all its branches to follow the instructions and accurately organise work, so that tax receipts are received regardless of their value. These measures aim to maximise tax revenues, which would leave a positive impact on the national economy.