The Banking Executive Magazine - March 2023 Issue

Banque Misr Banque Misr has signed a long-term cooperation agreement with Master- card to provide the bank with the lat- est digital payment technology. Under the agreement, Banque Misr will be able to offer new products, services, and innovative solutions to customers from all segments as well as support advanced and competi- tive digital solutions, while Master- card will provide the bank with the necessary tools and solutions to back its growth plans. The signing comes in line with Egypt’s strategy to achieve digital transformation and promote e-pay- ment systems. The agreement has been signed by Chairman of Banque Misr Mohamed El Etreby and EEMEA President of Mastercard Dimitrios Dosis. “This partnership aims to support digital transformation and the finan- cial technology pillars which focuses on connecting unbanked segments of society to convenient financial so- lutions. In turn, we work on curating partnerships that enhance our finan- cial and non-financial services tai- lored specifically to them and delivered through our wide branch network across Egypt,” El Etreby said. ISSUE 171 MARCH 2023 the BANKING EXECUTIVE 13 Banque Misr, Mastercard COOPERATE TO BOLSTER DIGITAL PAYMENTS PORTFOLIO IN EGYPT Mr. Mohamed Mahmoud Ahmed El-Etreby, Chairman