As part of its commitment to adopting international best practices in Business Continuity Management (ISO 22301), the Central Bank of Egypt (CBE) has completed its annual drill for Business Continuity Plans and the Business Continuity Management System (BCMS).
The exercise, organised by the Risk Management Sector in coordination with the Information Technology Sector and all supporting departments, simulated a normal working day carried out entirely from the CBE’s alternative sites and branches, connected to the Disaster Recovery site.
The drill was also conducted in collaboration with internal and external stakeholders to reinforce the Bank’s capacity to manage its operations, services, and critical transactions during crises and emergencies. This approach is designed to safeguard financial stability and strengthen confidence in the CBE’s ability to meet both domestic and international obligations.
The scope of the exercise included a range of pre-determined and potential disruption scenarios, in line with the approved Business Continuity Plan. These scenarios tested the preparedness of the CBE and the effectiveness of its alternative and Disaster Recovery sites, ensuring their ability to function seamlessly in emergency situations.
Through this annual drill, the CBE confirmed its continued readiness to sustain operations, maintain resilience, and fulfil its core functions under any circumstances.
